CANADA FX DEBT-C$ pushes higher as Fed-induced boost lingers

The Canadian dollar extended gains on Wednesday, supported by firm commodity prices and lingering euphoria from a renewed pledge by the U.S. Federal Reserve to keep interest rates low for an extended period.

 The Canadian dollar built on the Fed-induced momentum to touch C$1.0108 to the U.S. dollar, or 98.93 U.S. cents, on Wednesday morning as world stocks climbed in response to the U.S. central bank's policy stance and assessment of the economic outlook.  >>

News - March 2010