The Canadian dollar gave back more than two cents on Wednesday while North American stock markets came under selling pressure.
Lower prices for oil, coupled with some weaker-than-expected U.S. economic data, were factors in the drop in equities.
At 1:27 p.m. ET, the dollar was down 2.15 cents at 90.36 cents US.
The loonie's drop coincided with a retreat in the price of oil. In trading on the New York Mercantile Exchange, light sweet crude oil for July was down $2.86 a barrel at $65.69 US. The drop came after the U.S. Energy Information Administration,
