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Canadian Dollar (USDCAD) Softens Despite Retail Sales Rise Amid US Dollar Weakness

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

News Summary

  • USDCAD gained 0.5%, reaching its strongest since January, driven by rising Canadian retail sales and higher bond yields, while the US dollar weakened amid geopolitical tensions and upcoming USMCA review.
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USDCAD price history

1.40 +1.45% over the displayed period

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