Canadian dollar falls on rates worry

The Canadian dollar fell against the greenback on Friday, hampered by disappointing economic data, weaker commodity prices and uncertainty over the likelihood of a Bank of Canada interest rate hike this month.
Domestic bonds prices rose, lifted by weak equity markets and bond friendly economic data on both sides of the border.
The currency ended the North American session at C$1.1094 to the US dollar, or 90.14 US cents, down from C$1.1016, or 90.78 US cents at Thursday's close.
"What's influenced price action today has been position squaring, short covering and Canada losing on the crosses," said Jack Spitz, director of foreign exchange at National Bank of Canada. "Canada's been quite a loser against euro and yen and, in fact, sterling.