April 3, 2012 / 6:25 PM / in 6 years

CANADA FX-C$ weakens after Fed statement

TORONTO, April 3 (Reuters) - The Canadian dollar slid
against its U.S. counterpart on Tuesday after U.S. Federal
Reserve policymakers appeared less keen to launch a fresh round
of monetary stimulus as the U.S. economy improves, boosting the
greenback against most major currencies.	
    The Canadian dollar weakened to C$0.9925 versus the
U.S. currency, or $1.0075, shortly after the release of Fed
minutes. It was down from Monday's close at C$0.9903 versus the
greenback, or $1.0098.

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