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Ceasefire risks see the dollar paring gains
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Ceasefire risks see the dollar paring gains
CAD The Canadian dollar saw a modest turnaround yesterday, breaking a string of daily losses. Oil prices actually softened slightly from last week’s peak amid whispers of de-escalation, removing a key source of support for the loonie, but one that was more than overshadowed by improving risk sentiment, combined with dollar selling into quarter-end. Looking to the day ahead, there are no high-profile Canadian data releases. Markets will parse the…
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