Canadian dollar rebounds as Macklem strikes hawkish tone on rates

Canadian dollar rebounds as Macklem strikes hawkish tone on rates

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The Canadian dollar CADUSD strengthened against its U.S. counterpart on Tuesday as oil prices rose and the Bank of Canada signaled little urgency to cut interest rates, with the currency rebounding from a near two-month low. The loonie was trading 0.4% higher at 1.3490 to the greenback, or 74.13…

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