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Canadian dollar drops on negative GDP growth

June 4, 2008 · Filed Under International Investing · Comments 
Baltimore — (TFN): The Canadian dollar continued to trade below parity as expectations that the Bank of Canada will make a move to cut interest rates intensified. While Q1 GDP growth for the United States economy — widely believed to be in recession — was upgraded to 0.9% today, Statistics Canada reported Monday that real gross [...]

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