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Live News FX ARTICLE M impact

Canadian Dollar Hits 18-Month Low as Greenback Gains

The Canadian dollar fell to an 18-month low against the US dollar on Monday, driven by broad-based greenback strength and domestic data indicating a contraction in the services sector for the fourth consecutive month.

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The Canadian dollar fell to an 18-month low versus its US counterpart on Monday as the greenback strengthened broadly. 4257 per US dollar.