Mid-Day Report: CAD Tumbles Sharply as WTI Broke 70

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Canadian dollar weakens broadly today, tracking the biggest weekly drop in WTI crude oil since 2011. The plunge in crude oil followed OPEC's meeting in Vienna. OPEC members confirmed to maintain production at 30M bpd, at least 1 million above OPEC's own estimates of demand for its oil next year.



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