CANADA FX DEBT-C$ dips on weak Chinese data, doubts on Fed
* C$ ends at C$0.9927 vs US$, or $1.0074
* Weak China export data weighs, markets await Fed
* M&A talk supports Canadian currency
* Bond prices move higher across the curve
By Claire Sibonney
TORONTO, March 12 (Reuters) - The Canadian dollar eased against its U.S. counterpart on Monday as weak Chinese export data hurt commodities and as investors remained skeptical that the U.S. Federal Reserve would hint at more steps to stimulate the economy at its meeting on Tuesday.
Data released over the weekend by China showed the commodity-consuming giant posted its biggest trade deficit in at least a decade in February, fanning concerns about growth in the world's second largest economy.
"When we look at the return profile, the commodity currencies are underperforming as a group," said Camilla Sutton, chief currency strategist at Scotia Capital.
"That's indicative of the confusing data we got from China because of the way the Lunar New Year fell. I think there's some hope that potentially it's not as negative as it looks on the headline ... but it's going to be hard to know that for sure until next month." Continued...