CANADA FX DEBT-C$ strengthens to 2-wk high as commodities surge
* C$ rises to C$0.9703 to US$, or $1.0306
* Touches strongest level since June 15
* Higher oil, commodity prices drive gains
* Unexpectedly high Canadian inflation data supports
* Bonds lower, Canada underperforms Treasuries
By Trish Nixon
TORONTO, June 29 (Reuters) - Canada's dollar firmed by more than a penny to hit a two-week high on Wednesday, boosted by unexpectedly strong inflation data and the approval of a Greek austerity plan that fueled buying of commodity-linked currencies.
Commodities, global stocks and the euro all rose after Greece's parliament approved a five-year austerity plan designed to prevent the country from going bankrupt. [MKTS/GLOB]
"It seems like we're being dragged along by general risk-sentiment", sad David Watt, senior currency strategist at RBC Capital Markets. Continued...