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In October, the monthly average value of the U.S. dollar (USD) depreciated versus Canada’s “loonie” (-1.9%%) but appreciated against the euro (+1.4%) and Japanese yen (+2.7%). On the broad trade-weighted index basis (goods and services) the USD strengthened by 0.6% against a basket of 26 currencies.
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The foregoing comments represent the
general economic views and analysis of
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