Canadian dollar retreats after U.S. jobless claims data

The Canadian dollar touched its weakest level of the session after data showed the number of Americans filing new claims for unemployment benefits rose only modestly last week, a sign the labor market was still robust despite softening economic growth. The Canadian dollar touched C$1.2732 to the U.S. dollar, or 78.60 U.S. cents, weaker than before the data was released and weaker than Wednesday's close at C$1.2570, or 79.55 U.S. cents.