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U.S. dollar trades in a tight range, as Canada’s loonie gets slammed

Anneken Tappe
U.S. dollar trades in a tight range, as Canada’s loonie gets slammed

Major currencies retrace some of Tuesday’s action in early Wednesday trading, as investors digest President Donald Trump’s latest comments on China trade. Meanwhile, the Canadian dollar drops to a six-month low versus its U.S. rival, following the Bank of Canada policy update.