In early deals on Wednesday, the Canadian dollar slumped to a 2-week low against the US currency as the crude oil prices fell over 2% toward $48 a barrel in Asian trading today, dragged down by a bearish industry report showing a larger-than-expected rise in U.S. crude stocks and a slew of weak economic data. The loonie also tumbled to a 9-day low against the euro and showed modest weakness against the yen.
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Tuesday, March 31st, 2009 at 10:32 pm
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