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Canadian dollar extends breach of key psychological level

By Yahoo! Finance   |   Nov 15, 2024 at 12:44 PM EST
Canadian dollar extends breach of key psychological level

The Canadian dollar weakened past a key level against the U.S. dollar due to U.S. currency strength and concerns over trade tariffs impacting the Canadian economy. Market experts predict further decline with the exchange rate reaching its lowest level since May 2020.

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