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Canadian dollar extends pullback from 5-week high ahead of BoC rate decision

Source: reuters.com

Currency & FXEnergy Markets & PricesMonetary PolicyInterest Rates & YieldsInvestor Sentiment & Positioning
Canadian dollar extends pullback from 5-week high ahead of BoC rate decision

The Canadian dollar weakened against the U.S. dollar on Tuesday as oil prices fell and investors turned cautious ahead of an expected Bank of Canada rate hike. The article gives no magnitude for the currency or oil moves.

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