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Canadian Dollar and Business Outlook

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Published: June 25, 2018

By Commodity News Service Canada

Winnipeg, June 25 (CNS Canada) – The Canadian dollar was little
changed against its U.S. counterpart on Monday morning, as gains in
crude oil prices were offset by a drop in gold bullion.
The loonie remained under some pressure from disappointing
economic news on Friday. Poor showings in consumer spending and
retail sales weighed on the currency.
Prices for Bitcoin were steadying after falling to a low of
$5,787 on Sunday.
At 9:10 CDT Monday morning the Canadian dollar was at US$0.7525
or C$1.3289 which compares with Friday’s North American close of
US$0.7514 or C$1.3308.
At 9:10 CDT Monday morning, the TSX was up 114.99 points, or
0.70%, at 16,450.14.

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