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In June, the monthly average value of the U.S. dollar (USD) depreciated against Canada’s “loonie” (-1.7%) but appreciated against both the euro (+0.2%) and Japanese yen (+3.1%). On the broad trade-weighted index basis (goods and services) the USD weakened by 0.1% 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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