Canada’s Dollar Weakens as Crude Oil Drops on Demand Concern (Bloomberg)

Jan. 12 (Bloomberg) -- Canada’s currency weakened as crude oil, the country’s biggest export, declined. ‘The Canadian dollar, along with the other commodity dollars, faces a very strong headwind,” said Boris Schlossberg , director of currency research with online currency trader GFT Forex, in New York. “The market is having very serious doubts about whether the global economy is going to be able ...

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