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2009.03.0602:20:00UTC+00Canadian dollar Drops To 3-Day Low Versus Euro

At about 2:05 am ET Friday, the Canadian dollar dropped to a 3-day low of 1.6289 versus the euro, compared to 1.6194 hit late Thursday in New York. If the Canadian currency slides further, 1.637 is seen as the next likely target level.

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