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Canadian Dollar Falls Amid Risk Aversion, Oil Prices Slide

The Canadian dollar weakened against most major currencies in the early European session on Thursday amid risk aversion, as well as due to fall in crude oil prices.



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Yen Falls Against Majors

The Japanese yen weakened against the other major currencies in the Asian session on Thursday amid rising appetite, which emerged on the back of the positive cues from Wall Street overnight and the optimism that Greece will finally reach an agreement with its international creditors.



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Aussie Falls On Weak Retail Sales, Trade Data

The Australian dollar weakened against the other major currencies in the Asian session on Thursday following the release of disappointing trade and retail sales data for April.



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Euro Extends Rise As ECB's Draghi Commits To Continue QE; Ups Eurozone CPI View

The euro resumed its early rally in New York morning deals on Wednesday, after the European Central Bank President Mario upgraded inflation forecast for the euro area in this year, while reiterating his intention to conduct asset purchases until the end of September 2016 or till the sustained attainment of price stability target.



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OECD Cuts Global Growth Outlook

The Organisation for Economic Co-operation and Development on Wednesday lowered the global growth forecast for this year and next, citing the unexpected weakness in the first quarter.



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Euro Rises Amid Greek Deal Hopes

The euro strengthened against most major currencies in the late Asian session on Wednesday, amid hopes that Greece will reach a deal with its creditors before a loan repayment to the International Monetary Fund due at the end of the week.



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Euro Extends Rise After Eurozone Inflation Climbs To 7-month High

The euro extended its early rise on Tuesday, as Eurozone consumer prices increased for the first time in six months in May, ahead of the European Central Bank decision tomorrow.



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Euro Advances Ahead Of Eurozone Inflation Data

The euro spiked up against the other major currencies in European morning deals on Tuesday, as German bund yields rose ahead of Eurozone flash consumer inflation data for May, due shortly.



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Canadian Tobacco Firms To Appeal Order To Pay C$15.6 Bln To Quebec Smokers

Three Canadian tobacco manufacturers are ordered by the Quebec Superior Court in Canada to pay a total of C$15.6 billion or $12.5 billion in damages to resolve two Canadian class action lawsuits brought on behalf of two smoker groups. The total amount also includes interest.



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Australian Dollar Rises As RBA Holds Key Interest Rate

The Australian dollar strengthened against the other major currencies in the late Asian session on Tuesday, after the Reserve Bank of Australia kept its key interest rate at a record low.



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Dollar Extends Rise Ahead Of U.S. Data

The U.S. dollar extended its early advance against its most major rivals on Monday's European deals, as traders await a slew of economic data due this week, amid speculation that rebound in economic growth could pave way for a Fed rate hike in September.



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BlackBerry, Typo Settle Outstanding Legal Disputes - Quick Facts

BlackBerry Limited (BBRY, BB.TO) said that the company and Typo Products LLC, Typo Innovations LLC, Show Media LLC, Hallier Investments LLC, and Laurence Hallier have settled their outstanding legal disputes.



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TSX Ends Lower As GDP Shrinks -- Canadian Commentary

TSX Ends Lower As GDP Shrinks -- Canadian Commentary



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Scotiabank Q2 Profit Rises, Results Beat Estimates

Canadian financial services provider Bank of Nova Scotia or Scotiabank, on Friday reported an increase in profit for the second quarter from last year. The results reflect higher net interest income, increase in banking and wealth management revenues, and the positive impact of foreign currency translation. Both revenue and adjusted earnings per share for the quarter beat analysts' estimates.



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Euro Strengthens Against Majors

The euro spiked up against most major currencies in European deals on Friday, as investors monitored ongoing Greek negotiations, with the Mediterranean nation aiming to clinch a deal with its creditors by Sunday.



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Scotiabank Q2 Profit Rises - Quick Facts

Canadian financial services provider Bank of Nova Scotia (BNS, BNS.TO) or Scotiabank reported second-quarter net income attributable to equity holders of C$1.76 billion, up from C$1.74 billion last year. Quarterly earnings per share were C$1.42, compared with C$1.39 in the same period a year ago.



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TSX Ends A Tad Lower On Global Cues -- Canadian Commentary

Canadian stocks rallied towards the close but still ended a tad lower on Thursday, tracking declining global equity markets, driven by losses in mining and industrial stocks. Traders also mulled over some soft data from the U.S. with initial claims for unemployment benefits rising more than expected last week.



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U.S. Dollar In Positive Territory Despite Rising Jobless Claims

The U.S. dollar held firm against its major rivals on Thursday, despite data showing an increase in initial jobless claims in the week ended May 23, as investors seemed confident on steadily improving labor market.



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TD Bank Q2 Results Beat Estimates

Canada's second-largest lender TD Bank Group on Thursday reported a 6 percent decline in profit for the second quarter from last year, as higher revenues and lower provision for credit losses were offset by restructuring charges. However, both revenue and adjusted earnings for the quarter beat analysts' estimates.



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Euro Advances On Greek Deal Hopes

The euro climbed against the other major currencies in early European deals on Thursday, on optimism that Greece is getting closer for a deal with its creditors, which would help Athens to secure funding to keep its afloat.



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Australian Dollar Slides On Soft Capex Data

The Australian dollar weakened against the other major currencies in the Asian session on Thursday on disappointing domestic capex data for the first quarter of 2015, which increased the odds of a rate cut.



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TSX Settles Higher On Global Cues -- Canadian Commentary

Canadian stocks snapped a three-day loss to end higher on Wednesday, tracking rising global equity markets as reports hinted that Greece was on the verge of a deal with its international creditors. The uptick was led by mining and industrial stocks, although somewhat pulled down by falling energy stocks as crude oil prices declined.



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U.S. Dollar Extends Rally Against Majors

The U.S. dollar extended its rally against the other major currencies on Wednesday, as yesterday's slew of strong economic data reinforced hopes that the Fed will hike rates sooner rather than later.



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Yen Declines On Risk Appetite

The Japanese yen drifted lower against its major rivals in European deals on Wednesday, amid a rise in European stocks on easing concerns over Greece, after its Finance Minister Yanis Varoufakis dismissed chances of IMF debt default on June 5.



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Euro Rises Amid Hopes Of Greece Tensions Easing

The euro strengthened against most major currencies in the early European session on Wednesday, as hopes concerning Greece's ability to fulfill its next IMF repayment bolstered sentiment.



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TSX Ends Lower As Commodity Prices Slide -- Canadian Commentary

Canadian stocks dropped to end sharply lower for a third session on Tuesday, tracking declining equity markets, with weakness in commodity prices pulling down gold, mining, and energy stocks, with almost all sectors of the main index ending in the red.



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Dollar Extends Gain As Durable Goods Orders Fall In Line With Forecast

The U.S. dollar extended its early rally against its major rivals on Tuesday, as the decline in durable goods orders matched economists expectation in April, triggering speculation that Fed may not delay raising its interest rate.



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IMRIS, Two Subsidiaries File For Chapter 11 Protection - Quick Facts

IMRIS Inc. (IMRS, IM.TO) said that the company, its subsidiary NeuroArm Surgical Ltd., and U.S. subsidiary, IMRIS, Inc. have each filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.



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Australian Dollar Declines On Risk Aversion

The Australian dollar slipped against its major opponents on Tuesday's European deals, as European stocks declined on continued worries over Greece debt default and heightened political uncertainty in Spain following local elections on Sunday.



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Euro Extends Slide

The euro continued to be weaker against the other major currencies in the Asian session on Tuesday, as the ongoing concerns over Greece and its credit woes continued to impact the markets.



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