Wednesday, July 31, 2013

Reuters: US Dollar Report: CANADA FX-C$ strengthens to session high after Fed statement

Reuters: US Dollar Report
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CANADA FX-C$ strengthens to session high after Fed statement
Jul 31st 2013, 18:11

TORONTO, July 31 | Wed Jul 31, 2013 2:11pm EDT

TORONTO, July 31 (Reuters) - The Canadian dollar firmed to a session high against the U.S. dollar on Wednesday after the U.S. Federal Reserve offered no hint of any near-term stimulus pullback in a statement after its policy meeting.

The Canadian dollar was trading at C$1.0255 versus the U.S. dollar, or 97.51 U.S. cents after the statement, stronger than just before the comments were released and Tuesday's North American session close of C$1.0302, or 97.07 U.S. cents.

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