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August 2025

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Canadian dollar expected to lose ground in global markets, says expert

A foreign exchange strategist issued a bearish outlook for the Canadian dollar on Monday, projecting the loonie could slip toward 70 cents against the U.S. dollar as other major currencies gain strength. Dan Tobon, head of G10 FX Strategy at Citi Research, said he doesn’t foresee a sharp collapse but expects factors such as the

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Monex1 10 months ago

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