November 3, 2010 / 6:44 PM / 9 years ago

CANADA FX DEBT-C$ slips as markets digest Fed decision

 TORONTO, Nov 3 (Reuters) - Canada's dollar weakened to a
session low on Wednesday, reversing its initial positive
reaction to the U.S. Federal Reserve's announcement of new
monetary easing that nearly lifted it to a session high.
 The Canadian dollar fell to a fresh session low of C$1.0156
to the U.S. dollar, or 98.46 U.S. cents, shortly after nearing
the session high by rising to C$1.0065 to the U.S. dollar, or
99.35 U.S. cents immediately following the announcement
 (Reporting by Claire Sibonney; editing by Jeffrey Hodgson)

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