October 6, 2010 / 3:02 PM / 7 years ago

CANADA FX-Canadian dollar soars to 5-month high

 TORONTO, Oct 6 (Reuters) - The Canadian dollar raced to its
highest level in five months against its U.S. counterpart on
Wednesday, supported by firmer commodities as the greenback
slid.
 The U.S. dollar fell to a 15-year low against the yen and
an 8-1/2 month low against a basket of currencies on Wednesday
hurt by expectations the U.S. Federal Reserve will further ease
monetary policy. [FRX/]
 At 10:47 a.m. (1447 GMT), the Canadian currency CAD=D4
was at C$1.0102 to the U.S. dollar, or 98.99 U.S. cents, its
highest level since May 3.
 (Editing by Peter Galloway; editing by Peter Galloway)
















































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