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The Canadian dollar lost ground against its broadly stronger US counterpart on Friday as investors worried about signs of slower global growth and braced for a potential interest rate hike next week from the Federal Reserve. At 4:12 p.m. (2112 GMT), the Canadian dollar was trading 0.2 percent lower at 1.3382 to the greenback, or 74.73 US cents. The currency traded in a range of 1.3346 to 1.3402. It was down 0.4 percent for the week.

Canadian government bond prices were higher across the yield curve, with the two-year up 8.5 Canadian cents to yield 2.021 percent and the 10-year rising 49 Canadian cents to yield 2.101 percent.

Copyright Reuters, 2018


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