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Canadian dollar ends steady, bonds gain for third day.

Business Recorder

| March 30, 2002 | COPYRIGHT 2002 Emmayzed Publications (PIT) Ltd. (Hide copyright information)Copyright

TORONTO : The Canadian dollar ended a heartbeat higher on Thursday and domestic bonds mustered a third day of gains despite stronger than expected economic data from Canada and the United States.

Month- and quarter-end position squaring, as well as new signs that the North American recovery is under way helped keep the Canadian dollar in a steady 47-point range on Thursday.

The Canadian dollar ended at C$1.5942 to the US dollar, or 62.73 US cents, ahead a touch from C$1.5947, or 62.71 US cents, at the previous close.

A slew of economic numbers, including Canada's January gross domestic product figures and strong US fourth quarter GDP, had little …

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