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Market Impact: 0.2
Canadian dollar extends pullback from five-week high ahead of ‘pivotal’ BoC rate decision
Source: The Globe and Mail
Currency & FXEnergy Markets & PricesMonetary PolicyInterest Rates & YieldsInvestor Sentiment & Positioning
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 interest rate hike. The article gives no exchange-rate or oil-price magnitude.
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