Reuters: Canadian dollar hits a 3-week low as appeal of US assets grows
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Updated:2025-07-17
"The U.S. dollar is steamrolling all of its major rivals, including the Canadian dollar, this morning after another round of data releases failed to deliver any appreciable evidence of a tariff-led slowdown," said Karl Schamotta, chief market strategist at .
"With employers keeping workers on payrolls, consumers still spending, and corporate earnings continuing to grow, the relative attractiveness of U.S. assets is reasserting itself and drawing in capital flows."
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