Canadian Dollar Holds Steady on Trade Hopes
The Canadian dollar steadied near a six-week high against the US dollar as investors weighed positive trade signals. Lower oil prices and narrowing yield spreads also influenced markets.
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The Canada dollar steadied near a six-week high against the United States dollar on Monday, trading nearly unchanged at 1.3975. The currency held firm despite tumbling oil prices as investors weighed positive trade signals between North American officials.
