November 3, 2010 / 6:29 PM / 10 years ago

CANADA FX DEBT-C$ firms after Fed stimulus decision

  TORONTO, Nov 3 (Reuters) - The Canadian dollar firmed
against its U.S. counterpart on Wednesday after the U.S.
Federal Reserve committed to buy $600 billion more in
government bonds by the middle of next year in an attempt to
breathe new life into a struggling U.S. economy.
 The Canadian dollar rose more than half a cent to C$1.0065
to the U.S. dollar, or 99.35 U.S. cents, up from a new session
low of C$1.0130 to the U.S. dollar, or 98.72 U.S. cents just
before the announcement.
 (Reporting by Claire Sibonney; Editing by Jeffrey Hodgson)

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