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Canadian Dollar And Business Outlook

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Published: May 24, 2018

By Commodity News Service Canada

Winnipeg, May 24 (CNS Canada) – The Canadian dollar declined
against its U.S. counterpart Thursday morning, weakened by losses
in crude oil prices.
The loonie continued to falter as investors bought up bonds.
However, the currency took some support from gains in gold and
natural gas.
At 9:05 CDT Thursday morning the Canadian dollar was at
US$0.7747 or C$1.2908 which compares with Wednesday’s North American
close of US$0.7766 or C$1.2876.
At 9:05 CDT Thursday morning, the TSX was down 9.82 points, or
0.03%, at 16,129.44.

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