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Canadian dollar pulls back from six-week high ahead of key jobs data
Source: reuters.com
Currency & FXEnergy Markets & PricesEconomic DataMonetary PolicyInterest Rates & Yields
The Canadian dollar extended its retreat from a six-week high against the US dollar on Tuesday as oil prices fell. Investors are awaiting Canadian jobs data later this week for signals that could shape expectations for additional Bank of Canada rate hikes.
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