October 30, 2013 / 6:20 PM / 4 years ago

CANADA FX-C$ slides to 7-week low after Fed statement

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TORONTO, Oct 30 (Reuters) - The Canadian dollar weakened to
a seven-week low on Wednesday after the U.S. Federal Reserve
said it will maintain the pace of its bond purchases for now, as
expected.
    The Canadian dollar was trading at C$1.0481 against
the greenback, or 95.41 U.S. cents, weaker than Tuesday's close
of C$1.0470, or 95.51 U.S. cents. 
    That marked a session low and the lowest level for the
currency since early September.

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