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Market News

Canadian dollar is stronger this morning along with a vigorous crude rebound.

Nov 16, 2018

The Loonie started a rally by noon in yesterday’s trading session helped by a stronger crude price. It was not affected by existing home sales, which came in at -1.6 percent early yesterday. In the overnight session, the USD/CAD did not have too many swings and had a consolidation along with crude’s price strengthening.

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Today's expected ranges:

USD / CAD
1.3100 – 1.3200 ▼
CAD / EUR
0.6660 – 0.6700 ▼
CAD / GBP
0.5890 – 0.5950 ▼

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