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Canadian dollar falls on dip in factory sales
Published Sun, Dec 17, 2017 · 09:50 PM
Toronto
THE Canadian dollar weakened against its US counterpart last Friday after domestic data showed a surprise drop in factory sales, while the greenback climbed broadly on prospects of a US tax overhaul.
Manufacturing sales fell 0.4 per cent in October, pulled down by weak sales of cars and other transportation equipment. Analysts had forecast a 0.8 per cent increase.
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