Canadian dollar nears 5-month low ahead of inflation data

The Canadian dollar CADUSD weakened against its U.S. counterpart on Monday, approaching a five-month low, ahead of domestic inflation data that could offer clues on the timing of Bank of Canada interest rate cuts. The loonie was trading 0.1 per cent lower at 1.3785 per U.S. dollar, or 72.54 U.S.…#bankofcanada #cad #shaunosborne #scotiabank #tiffmacklem #chrystiafreeland #speculators
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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