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CAD now completely reversed the.......>

DOLLAR-CANADA
DOLLAR-CANADA: CAD now completely reversed the modest weakness post-BoC
statement and making a beeline for the Jun09 low at 1.3491 as the oil price
recovery underpins commodity-tied FX.
- Despite the CAD move higher, BoC's Macklem remains particularly downbeat on
rates going forward: "We Are Being Unusually Clear That Rates Will Be Low for a
Long Time" - DJ

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