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#BitcoinReboundsTo$79K #FedHikeOddsRiseTo89% #AvalancheIntegratesIntoUAEPassDigitalVault #UKSeeksViewsOnTokenizingGold #UKSeeksViewsOnTokenizingGold Canadian dollar nears a 12-day low as oil support fades in the face of a stronger dollar

The Canadian dollar fell on Monday, nearing its lowest level in 12 days versus the US dollar, as steady domestic inflation data offered only limited support, while expectations of US interest-rate hikes and the strength of the dollar outweighed the positive boost from higher oil prices.

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At 11:43 PM, the USD/CAD pair was trading at around 1.392 Canadian dollars, meaning the Canadian dollar fell by about 0.3% over the day, after hitting a 12-day low of 1.3929 Canadian dollars.