CANADA FX DEBT-C$ softens after BoC holds rates

Tue Jan 18, 2011 9:10am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

 TORONTO, Jan 18 (Reuters) - The Canadian dollar fell from a
two-and-a-half year high against the U.S. dollar on Tuesday
after the Bank of Canada kept interest rates steady at 1
percent. [ID:nBCLICE72Q]
 The currency CAD=D4 hit a session low of of C$0.9911 to
the greenback, or $1.0090, down from C$0.9867, or $1.0135
immediately before the announcement. The move saw the Canadian
dollar turn negative on the day.
 (Reporting by Claire Sibonney; editing by Jeffrey Hodgson)