StockMarketWire.com - END OF DAY - Much of the later EU session was dominated by the Canadian dollar as the Bank of Canada announced they would be leaving interest rates unchanged from 1%. CAD immediately fell against its counterparts, with the largest moves being seen in CAD/JPY -0.76% to ¥88.57. Other notable moves were seen in CAD/USD (-0.70%) as the pair hit parity and a high of $1.0005, up from a session low of $0.9811. The currency dropped to a two-month low as the central bank led by Governor Mark Carney pared its forecast for economic growth this year to 2 percent from an October prediction of 2.3 percent.

The EUR climbed earlier after European Central Bank President Mario Draghi suggested the worst of the region's debt crisis may be over. EUR/CAD +0.50% at C$1.3295, EUR/GBP +0.04% £0.8399.

The yen rose for a third day against the dollar amid speculation measures announced by the Bank of Japan won't be enough to boost growth and weaken the currency. The euro fell 0.3 percent to $1.3381 at 11:30 a.m. in New York after rising as much as 0.3 percent to $1.3355. The yen gained 0.2 percent to ¥88.53 per dollar.

At market close:


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