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Canadian Dollar (USDCAD) Slides on Oil Price Plunge and Commodity Weakness

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

News Summary

  • The Canadian dollar fell 0.6% against the U.S.
  • dollar due to a 5% drop in oil prices and continued weakness in commodities, despite a slight improvement in Canadian manufacturing PMI and rising bond yields.
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Stored market data

USDCAD price history

1.39 +0.72% over the displayed period

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