CANADA FX-C$ hits session low as stocks markets slide

Wed Nov 14, 2012 11:15am EST
 
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TORONTO Nov 14 (Reuters) - The Canadian dollar hit a session low against the greenback on Wednesday, tracking a fall in U.S. and Canadian equity markets as investors focused on fears about impending U.S. budget discussions and the debt crisis in Europe.

The currency weakened to C$1.0034 versus its U.S. counterpart, or 99.66 U.S. cents, after starting the North American session on slightly firmer ground. The Canadian dollar ended the day on Tuesday at C$1.0019, or $0.9981.