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Canadian Dollar: Consolidation near 1.42s against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/CAD around 1.4269 shows signs of consolidation after a sharp Canadian Dollar (CAD) weakening since early September. Price action is closely tracking the 2-year US–Canada spread, with Oil offering some support to CAD.

Canadian Dollar: Consolidation near 1.42s against US Dollar – Scotiabank

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