Canadian dollar tracks oil higher; speech by central bank deputy governor awaited

Canadian dollar tracks oil higher; speech by central bank deputy governor awaited

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The Canadian dollar CADUSD strengthened against its U.S. counterpart on Thursday as the price of oil rebounded and ahead of a speech by a senior Bank of Canada official that could offer clues on the likelihood of additional interest rate hikes. Oil, one of Canada’s major exports, rose after four…

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