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via finance.yahoo.comEconomy

Canadian dollar slips as investors await Bank of Canada and Fed rate decisions

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- The Canadian dollar weakened on Tuesday as investors positioned themselves ahead of interest rate decisions from the Bank of Canada and the U.S. Federal Reserve, both due on Wednesday. Still guessing which stocks will beat the market? Our AI portfolio updates…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralUpcoming Bank of Canada and Fed rate decisions can move the USD/CAD exchange rate.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The U.S. dollar rose 0.07% to C$1.4022.
  2. 02The Canadian dollar paused Monday after seven consecutive sessions of gains.
  3. 03Traders weigh inflation risks against growth concerns in Canada and the United States.

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