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Canadian dollar ends higher as commodity currencies rebound

Posted on 30 January 2013

The Canadian dollar ended higher Tuesday, carried aloft by a general rebound in commodity currencies. The U.S. dollar was at C$1.0024 late Tuesday from C$1.0061 late Monday, according to data provider CQG.
The U.S. dollar had push persistently higher against the loonie in recent sessions after the Bank of Canada said last Wednesday that the prospect of monetary tightening had become less imminent, but stalled around the C$1.0100 mark………………………………………..Full Article: Source


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