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C$ hits new 8-month low as oil falls; Poloz speech awaited TORONTO: The Canadian dollar weakened to a fresh eight-month low against its US counterpart on Friday as oil prices fell, ahead of Bank of Canada Governor Stephen Poloz's first public comments since Donald Trump won the US presidential election.Trump has vowed to either renegotiate or scrap the North American Free Trade Agreement, under which Canada sends 75 percent of all its exports to the United States.Still, Canadian officials have said that Canada could fall back on a free trade agreement that excludes Mexico if Trump follows through on radical protectionist policies and predicted fears of a massive economic hit are overblown.Poloz will give remarks at 9:50 a.m. EST (1450 GMT) on a panel at a conference held by the Central Bank of Chile. The topic of the panel will be "Monetary Policy and Spillovers."Despite fears about trade, chances of an interest rate cut by mid-2017 have fallen to just one ...
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