Canadian dollar slumps after Fed disappoints

TORONTO (Reuters) - The Canadian dollar hit its weakest level against the U.S. dollar in nearly two weeks on Tuesday after the U.S. Federal Reserve stirred uncertainty by failing to signal policy easing despite warning that market turbulence poses threats to economic growth. The currency dropped as low as C$1.0350 against its U.S. counterpart, or 96.62 U.S. cents, its weakest point since November 30, as the greenback donned its safe-haven sheen at the expense of the Canadian dollar and other riskier currencies. The U.S. central bank characterized the U.S. ...