Canadian Dollar drops for fifth day after commodities and stocks decline

Source: Bloomberg
The Lonnie fell for a fifth day versus the greenback after the nation's largest export, crude oil, fell on ebbing risk appetite. The Canadian Dollar slid 0.2% to C$1.0185 per U.S. Dollar, after touching C$1.0208, the lowest since July. Presently one Lonnie buys 98.18 U.S. cents. Meanwhile the S&P 500 Index depreciated 0.6%, and the MSCI World (MXWO) Index plunged 1.3% after investors looked for safer assets.

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