CANADA FX-C$ weakens past parity after Fed statement

Wed Sep 21, 2011 2:33pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

 TORONTO, Sept 21 (Reuters) - The Canadian dollar weakened
below parity with the U.S. dollar to its lowest point in more
than a week on Wednesday after the Federal Reserve ramped up
efforts to aid the beleaguered U.S. economy.
 At 2:28 p.m. (1828 GMT), the Canadian dollar CAD=D4 stood
at C$1.0004 to the U.S. dollar, or 99.96 U.S. cents, regaining
some ground after touching a session low of C$1.0018 to the
U.S. dollar, or 99.82 U.S. cents immediately after the Fed's
 (Reporting by Andrea Hopkins; Editing by Jeffrey Hodgson)