Currencies: Dollar, yen benefit from continued flight to safety (Market Watch)

The U.S. dollar is mostly higher against major counterparts Thursday, with the familiar exception of the yen, as grim U.S. economic data and a sell-off on Wall Street feed investors’ flight to safety to the benefit of lower-yielding currencies. Read more….

Canadian dollar slumps on economic data, oil price (GlobalTV Ontario)

TORONTO — The Canadian dollar weakened against the U.S. currency on Thursday as the price of oil retreated and data on both sides of the border portrayed a gloomy economic picture. Read more….

Falling oil and economic data hit Canadian dollar (Reuters via Yahoo! Canada News)

The Canadian dollar weakened against the U.S. currency on Thursday as the price of oil retreated and reports in both Canada and the United States deepened the economic gloom. Read more….

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