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Canadian dollar dips on worry over commodity demand

Posted on 27 November 2008

From Forbes: The Canadian dollar dipped 0.4 percent against the U.S. dollar Wednesday on worries over slackening demand for Canadian commodities, but it closed well off its lows for the day as North American stock markets rebounded and commodity prices made gains.

Canadian bond prices rallied along with the larger U.S. market on weaker-than-expected U.S. data, which increased the allure of safe-haven government debt….. Full Article: Source


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