XE Market Analysis: Canadian loonies Drops to A Six-Week Low Ahead of Bank of Canada Meeting

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OVERVIEW

  • The strong greenback is trading near a two-week high against other major currencies.

  • GBP/USD moved south with growing uncertainty over the outcome of the second meaningful vote.

  • NYMEX WTI Crude regained 45 cents to climb above $57.00 a barrel, ignoring lower growth forecast from China.