(Bloomberg) -- The Canadian dollar fell for a third
straight day as stocks were poised to extend their losses and
investors unwound risky bets in commodity-linked currencies.
The Canadian currency fell 0.54 percent to 94.40 U.S. cents
at 8:20 a.m. in Toronto. The currency dropped 1.13 percent
yesterday, its biggest decline in 13 months. One U.S. dollar
buys C$1.0593. Canada's dollar dropped 0.34 percent to 112.25
yen.
Read more at Bloomberg Currencies News
straight day as stocks were poised to extend their losses and
investors unwound risky bets in commodity-linked currencies.
The Canadian currency fell 0.54 percent to 94.40 U.S. cents
at 8:20 a.m. in Toronto. The currency dropped 1.13 percent
yesterday, its biggest decline in 13 months. One U.S. dollar
buys C$1.0593. Canada's dollar dropped 0.34 percent to 112.25
yen.
Read more at Bloomberg Currencies News
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