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Canadian dollar recovers after US jobs decline and Fed rate hold

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  • Canadian dollar recovered as USD/CAD fell to its lowest level since early June.
  • US payrolls declined 23,000 in July versus an expected 80,000 increase.
  • Federal Reserve held rates at 3.50%-3.75% in a 9-3 July 29 vote.
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Canadian dollar recovers after US jobs decline and Fed rate hold - CoinPost Terminal