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Canadian Dollar extends winning streak as Fed-BoC policy divergence comes into focus

USD/CAD slips below 1.4000 to its lowest level in a month on Friday, extending its losing streak to seven consecutive days as traders expect the Federal Reserve (Fed) and the Bank of Canada (BoC) to take different paths at next week’s meetings.

Canadian Dollar extends winning streak as Fed-BoC policy divergence comes into focus

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