The Western Producer 08 Jun, 2021 21:45 am

Canadian Financial Close: C$ weakens slightly

By MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday, as investors adjusted positions ahead of the Bank of Canada’s next interest rate decision on Wednesday.The Canadian dollar closed at US$0.8267 or US$1=C$1.8283 or US$1=C$1.

In domestic data, Canada posted a surprising trade surplus of C$594 million in April, according to a report from Statistics Canada.Crude oil was stronger, with West Texas Intermediate up by 1.

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