November 3, 2010 / 7:09 PM / 7 years ago

CANADA FX DEBT-C$ hits session high in volatile trade after Fed

 TORONTO, Nov 3 (Reuters) - The Canadian dollar hit a fresh
session high in see-saw trading  on Wednesday, rebounding from
a session low as markets digested the U.S. Federal Reserve's
announcement of new monetary easing.
 The Canadian dollar hit C$1.0052 to the U.S. dollar, or
99.48 U.S. cents, more than a penny higher than the session low
of C$1.0156, or 98.46 U.S. cents, hit just a few minutes
earlier. The initial knee-jerk reaction the Fed decision was
also positive, before the Canadian dollar weakened.
 (Reporting by Claire Sibonney; editing by Jeffrey Hodgson)





















































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