March 13, 2012 / 7:08 PM / in 6 years

CANADA FX DEBT-C$ slides to session low after Fed statement

TORONTO, March 13 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Tuesday after the U.S. Federal Reserve left interest rates unchanged, in a nod to the underlying strength of the world’s largest economy and Canada’s biggest trading partner.

At 2:51 p.m. (1851 GMT), the Canadian dollar hit a session low at C$0.9926 versus the U.S. dollar, or $1.0074, following this afternoon’s Fed statement. The currency was at C$0.9907 prior to the announcement.

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