September 18, 2013 / 6:15 PM / in 4 years

CANADA FX DEBT-C$ firms to session high as Fed holds stimulus

TORONTO, Sept 18 (Reuters) - The Canadian dollar
strengthened to a session high on Wednesday after the U.S.
Federal Reserve surprised financial markets by holding its
policy steady, saying it would continue to buy $85 billion of
bonds a month.
    The Canadian dollar was at C$1.0247 to the U.S.
dollar, or 97.59 U.S. cents, stronger than Tuesday's session
close of C$1.0295, or 97.13 U.S. cents. The loonie hit a peak of
C$1.0236 shortly after the announcement.

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