November 10, 2010 / 2:26 PM / 7 years ago

CANADA FX DEBT-C$ pierces parity after trade data

 TORONTO, Nov 10 (Reuters) -  The Canadian dollar firmed
above parity with the greenback, reversing earlier weakness
seen after Canada posted an unexpectedly large trade deficit,
while the U.S. trade deficit narrowed more than expected.
 The currency CAD=D4 hit a session high of 99.94 Canadian
cents to the U.S. dollar, or $1.0006, up from around C$1.0050
to the U.S. dollar, or 99.50 U.S. cents.
 (Reporting by Claire Sibonney; editing by Jeffrey Hodgson)





















































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