Canadian Dollar weakens amid worries about deepening European debt crisis

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Source: Bloomberg
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Canadian domestic currency depreciated against its US peer on Wednesday amid investor fears European debt turmoil is worsening. Loonie fell from 1-month high where it settled on better-than-expected US PMI data. It lost 0.2% against US Dollar, attaining C$1.0127 in Toronto trade. Currently USD/CAD is also trading at C$1.0127.
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Thu, 05 Jan 2012 08:57:25 GMT

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