Lonnie weakens to one-week low on Spanish turmoil

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Source: Bloomberg
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Canadian currency fell to one-week record low as banking crisis in Spain fuelled worries, European debt woe is accelerating. Lonnie fell 0.8% versus US Dollar to CAD 1.0301 in Toronto session. Canadian Dollar is headed for a 4.2% drop in May. Currently USD/CAD is trading at CAD 1.0282.
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