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USDCAD Soars as Crude Oil Dives and Canadian Yields Slip

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The Canadian dollar weakened against the USD, trading at 1.3817.
  • The decline was fueled by a drop in Canadian government bond yields and a significant decrease in crude oil prices, which negatively impacts the commodity-linked loonie.
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Stored market data

USDCAD price history

1.39 +0.72% over the displayed period

Advisor Snapshot

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