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The dollar slips again on US headlines - Monex Canada
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The dollar slips again on US headlines - Monex Canada
CAD With trade risks broadly fading over the weekend, USDCAD is back trading sub-1.37 to start this morning. And, with a relatively light docket of data releases scheduled, combined with no central bank speakers of note, we suspect that trade and US fiscal policy will remain the key driver of the pair this week. Our bias is that this backdrop should continue to prove positive for the loonie, particularly on the fiscal front, with extra US spendi…
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