Canadian Dollar

Canadian dollar: The Canadian dollar closed down more than a quarter of a cent at 91.24 cents US. In earlier trading, it went as low as 91.10 cents. That was the lowest it traded at since May 2. , according to Canadian Broadcasting Corporation, CBC. "The core risk for the Canadian dollar this week is Fridays employment release," she said. The Canadian dollar was trading lower Tuesday as weak economic data from China, weak oil prices and general U.S. dollar strength combined to push the loonie to a three-month low against the U.S. dollar. "Since its July 3rd high, the Canadian dollar has lost three per cent, highlighting the vulnerability around the currency," said Scotiabanks chief foreign exchange strategist Camilla Sutton in a morning commentary. (news.financializer.com). As reported in the news.

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