Tuesday, October 23, 2012

Reuters: US Dollar Report: CANADA FX-C$ firms to session high after Bank of Canada news

Reuters: US Dollar Report
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CANADA FX-C$ firms to session high after Bank of Canada news
Oct 23rd 2012, 13:09

TORONTO | Tue Oct 23, 2012 9:09am EDT

TORONTO Oct 23 (Reuters) - The Canadian dollar strengthened versus the U.S. currency on Tuesday after the Bank of Canada softened but retained its hawkish view that interest rates should be raised over time.

The currency traded as strong as C$0.9909 to the greenback, or $1.0092, minutes after the central bank statement, compared with C$0.9970, or $1.0030 just before.

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