November 20, 2012 / 6:23 PM / in 5 years

CANADA FX-C$ weakens to session low as Fed's Bernanke speaks

TORONTO, Nov 20 (Reuters) - The Canadian dollar weakened to a session low against its U.S. counterpart on Tuesday, as Federal Reserve Chairman Ben Bernanke repeated a warning that running over the “cliff” of expiring tax cuts and government spending cuts could derail the recovery.

At 1:07 p.m. (1807 GMT) the Canadian dollar was trading at C$0.9984 to the greenback, or $1.0016, compared with C$0.9966, or $1.0034, at Monday’s North American close.

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