Canadian Dollar extends decline as Canadian Trade Balance backslides

The Canadian Dollar (CAD) extended declines on Tuesday, slipping to a new low for the week as market sentiment recoils in the last quarter of the trading day.
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ECB's Villeroy: ECB to cut rates in 2024

Banque de France (BoF) Governor and European Central Bank (ECB) policymaker François Villeroy de Galhau reaffirmed his rate cut expectations in 2024 while delivering his New Year's address to the European financial sector on Tuesday.
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