Canadian Dollar slips to two-month low on speculation about Fed

Source: Bloomberg
© Scanpix/AFP
The Canadian Dollar dropped by 0.3% to 1.0267 per U.S. Dollar in the end of Toronto trading session on Tuesday. The currency slipped to more than a two-month low, as investors speculated about a reduction of the monetary stimulus in the biggest world's economy, as it signals about an improving labor market and substantially growing gross domestic product.

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