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Canadian dollar pulls back from 10-day high ahead of key jobs report

Posted by admin on August 11, 2025
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TORONTO (Reuters) -The Canadian dollar edged lower against its U.S. counterpart on Thursday, pulling back from an earlier 10-day high, as oil prices dipped and ahead of domestic employment data that could guide expectations for Bank of Canada interest rate cuts.

The loonie was trading 0.1% lower at 1.3753 per U.S. dollar, or 72.71 U.S. cents, after touching its strongest intraday level since July 28 at 1.3719.

Read more https://ca.finance.yahoo.com/news/canadian-dollar-pulls-back-10-183617877.html

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