CANADA FX-C$ hits session low after Fed decision

Wed Jun 20, 2012 12:43pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, June 20 (Reuters) - The Canadian dollar weakened to a session low against its U.S. counterpart on Wednesday even after the U.S. Federal Reserve, as expected, extended its monetary stimulus to a U.S. economic recovery that looks at risk of stalling.

The currency weakened as far as C$1.0231 versus the greenback, or 97.74 U.S. cents, from around C$1.0203, or 98.01 U.S. cents heading into the Fed's release.