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Canadian dollar up slightly as commodities edge higher

Posted on 28 June 2013

The Canadian dollar is modestly higher Thursday morning, as commodity prices and commodity currencies firm in response to encouraging economic data from China. The U.S. dollar is trading at C$1.0462 Thursday from C$1.0472 late Wednesday, according to data provider CQG.
Commodity currencies rallied overnight on the back of encouraging Chinese industrial profits release, currency strategists at Scotibank said in a report………………………………………..Full Article: Source


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