Reuters: US Dollar Report: CANADA FX-C$ pares gains after Fed comments

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

CANADA FX-C$ pares gains after Fed comments Jun 7th 2012, 14:16 TORONTO, June 7 | Thu Jun 7, 2012 10:16am EDT TORONTO, June 7 (Reuters) - Canada's dollar pared some gains against its U.S. counterpart on Thursday after U.S. Federal Reserve Chairman Ben Bernanke offered few hints that further monetary stimulus was imminent, slowing momentum after China's central bank cut interest rates. The Canadian dollar was at C$1.0244 against the U.S. currency, or 97.62 U.S. cents, after firming to a one-week high at C$1.0210 against the greenback, or 97.94 U.S. cents.

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