The Canadian dollar is sliding lower again, hitting lows not seen in more than two years, a day after the U.S. Federal Reserve raised its key interest rate.
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Canadian dollar slides as investors retreat to U.S. dollarsThe Canadian dollar is sliding lower again, hitting lows not seen in more than two years, a day after the U.S. Federal Reserve raised its key interest rate.
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Canadian dollar slides as investors retreat to U.S. dollarsThe Canadian dollar is sliding lower again, hitting lows not seen in more than two years, a day after the U.S. Federal Reserve raised its key interest rate.
Read more »
AIMCo CEO sees 'great opportunity' in multitrillion-dollar energy transition - BNN BloombergThe head of Alberta Investment Management Corp. (AIMCo) said he wants to play a key role in what could be a multitrillion-dollar effort to lower the energy sector’s carbon footprint. And that was a primary motivation for the provincial asset manager’s decision to finally have an office in Calgary, which opened Wednesday.
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Oil climbs as softer dollar offsets concerns of global slowdown - BNN BloombergOil rose as the dollar declined and investors weighed the demand outlook following another interest-rate hike from the Federal Reserve.
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The Canadian dollar just fell below 75 cents U.S., its lowest level in two years — here’s whyThe weakening Canadian dollar is tied to the U.S. federal reserve continuously hiking its key overnight lending rate to curb inflation.
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