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Technical Summary

IndicatorValueTrend
IndicatorValueTrend
IndicatorValueTrend
IndicatorS3S2S1PR1R2R3

News

C$ rallies as China reopening hopes boost oil prices

* Canadian dollar strengthens 0.6% against the greenback * Trades in a range of 1.3497 to 1.3593 * Price of U.S. oil rises 3.8% * Canadian bond yields rise across curve TORONTO, Nov 30 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday, clawing back nearly all of its previous day's decline, as hopes that China would soon reopen its economy bolstered commodity prices.
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Canadian dollar's weekly winning streak ends as oil slides

* Canadian dollar weakens 0.5% against the greenback * Foreign investors sell Canadian securities in September * U.S. oil prices settle 1.9% lower * Canadian bond yields rise across inverted curve By Fergal Smith TORONTO, Nov 18 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday, with the currency adding to this week's decline as oil prices fell and data showed the largest divestment of Canadian securities by foreign investors in nearly four years.
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Norway central bank makes smaller rate hike, will raise again next month

* Norges Bank hikes by 25 basis points * Analysts had been split over how big the hike would be * Crown weakens as pace of tightening drops By Victoria Klesty and Gwladys Fouche OSLO, Nov 3 (Reuters) - Norway's central bank raised its benchmark interest rate by 25 basis points to 2.50% on Thursday, in line with its own projections but less than economists in a Reuters poll had forecast, leading the crown currency to weaken.
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Norway central bank hikes rate by 25 basis points, will likely hike again

OSLO, Nov 3 (Reuters) - Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 2.50% on Thursday, as expected by nearly half the economists surveyed by Reuters, and said it will likely hike again in December to help curb inflation. Of the 25 analysts polled in advance, 12 had anticipated a hike of 25 bps, in line with Norges Bank's own prediction from September, while another 12 had bet on a 50 bps increase and one predicted a 75 bps rise.
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Canadian dollar lags most G10 peers ahead of key inflation data

* Canadian dollar weakens 0.6% against the greenback * Touches its strongest intraday since Oct. 6 at 1.3658 * Price of U.S. oil settles 3.1% lower * Canadian bond yields ease across curve By Fergal Smith TORONTO, Oct 18 (Reuters) - The Canadian dollar weakened against the greenback on Tuesday, pulling back from a near two-week high, as oil prices fell and investors braced for domestic inflation data that could impact bets on further Bank of Canada interest rate hikes.
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