The Canadian dollar weakened to a two-month low versus the U.S. dollar after oil prices fell on hopes of a ceasefire in the Middle East. Investors also pared FX exposure amid recent signs of domestic economic weakness, adding downward pressure on the CAD.
The Canadian dollar weakened to a two-month low versus the U.S. dollar after oil prices fell on hopes of a ceasefire in the Middle East. Investors also pared FX exposure amid recent signs of domestic economic weakness, adding downward pressure on the CAD.
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mildly negative
Sentiment Score
-0.15
