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BP Said to Be in Talks for Devon Assets in $5 Billion Deal - Bloomberg.com

As part of a transaction, BP would sell Devon an interest in its Canadian heavy oil production, according to the person, who asked to remain anonymous because the negotiations are private. An agreement may be reached “soon,” the person said. If the deal is completed, BP’s Ca
nadian
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Crude oil falls on stronger dollar | Commodities

Crude oil fell for the second time in three days as the dollar strengthened and on concern recent price gains outpaced demand growth in the US, the world’s largest energy consumer. Oil declined from an eight-week high as the dollar climbed against the euro, reducing the appeal
of
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Yen Falls as Stocks Rise, Investors Seek High-Yield Currencies

By Ben Levisohn The dollar fell against 11 of the 16 most-traded currencies tracked by Bloomberg as crude oil touched a two-month high, boosting the currencies of commodity producers. The euro gained, touching the strongest level versus the yen in two weeks, after Portugal’s cost
of
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Canada Dollar Trades at Almost Two-Month High as Oil Above $81

March 10 (Bloomberg) -- Canada’s dollar traded near the strongest level in almost two months against its U.S. counterpart as crude oil, the nation’s largest export, traded above $81 a barrel for a sixth consecutive session. The currency, nicknamed the loonie for the image of
the
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Market higher on business confidence and job ads

The Australian share market finished the day slightly higher, on the back of strong business confidence and job advertisements data, which provided further evidence of the economy's resilience. ANZ's job advertisements increased by 19 per cent for February and the National Australia
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Aussie Losing to Loonie as Canada’s Banks Trump China (Update3) - Bloomberg.com

Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australian dollar since July
as
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Aussie Losing to Loonie as Canada’s Banks Trump China (Update3)

By Chris Fournier Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australi
an
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Canada’s Dollar Touches Highest in Almost Seven Weeks on Risk

By Chris Fournier The Canadian currency on March 5 capped a weekly gain that matched an increase during the five days that ended Jan. 8 after the Bank of Canada signaled it would increase interest rates in coming months. Global stocks, crude oil and copper, the world’s third-most wide
ly
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Canada’s Dollar Matches Highest in Almost Seven Weeks on Risk

By Chris Fournier The Canadian currency on March 5 capped a weekly gain that was the same as an increase during the five days that ended Jan. 8 after the Bank of Canada signaled it would increase interest rates in coming months. Global stocks, crude oil and copper, the world
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Aussie Losing to Loonie as Canada’s Banks Trump China (Update2)

By Chris Fournier Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australi
an
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Aussie Losing to Loonie as Canada’s Banks Trump China (Update2)

Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australian dollar since July as t
he
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Aussie Losing to Loonie as Canada’s Banks Trump China (Update1)

By Chris Fournier Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australi
an
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Aussie Losing to Loonie as Canada’s Banks Trump China (Update1) - Bloomberg.com

Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australian dollar since July
as
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Aussie Losing to Loonie Shows Canada’s Banks Trumping China

By Chris Fournier Options show demand for the right to sell the so- called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australi
an
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Aussie losing to loonie in currency markets

Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year. A measure of traders’ expectations for price fluctuations indicates the loonie is the most secure bet relative to the Australian dollar since July as t
he

A Bull Trend Matures as Crude Moves on to $82 following NFPs

North American Commodity Update Commodities - Energy A Bull Trend Matures as Crude Moves on to $82 following NFPs Crude Oil (LS NYMEX) - $81.92 // $1.71 // 2.13% Scheduled event risk was generally a disappointment for those seeking out volatility; but the data,
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Oil Surges, Gasoline Rises to 17-Month High, on U.S. Job Report - Bloomberg.com

Oil rose as much as 2.3 percent after the Labor Department reported that payrolls dropped 36,000 last month. The total was forecast to fall by 68,000, according to economists surveyed by Bloomberg News. U.S. fuel use, averaged over the past four weeks, was 19.3 million barrels, up 3 percent
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Canada Dollar Fluctuates as Ivey Index Rises Less Than Forecast

By Inyoung Hwang The currency traded near its highest level in more than a month as crude oil, the nation’s largest export, stayed above $80 per barrel. The Ivey Purchasing Managers index rose to 51.9 last month, below the median forecast of 56 in a Bloomberg News survey, and Canadi
an
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Canada Dollar Falls as Ivey Index Increases Less Than Forecast

By Inyoung Hwang The currency depreciated from the highest level in more than a month as crude oil, the nation’s largest export, fell 1 percent and the Ivey index rose to 51.9 last month, below the median forecast of 56 in a Bloomberg News survey. Canadian building permits unexpected
ly
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Canada’s Dollar Climbs for Fifth Day Before Release of Budget

By Ben Levisohn The currency touched its highest level in more than a month as crude oil, the nation’s largest export, held above $80 per barrel. Canada’s Finance Minister Jim Flaherty is scheduled to release the budget in Ottawa at 4 p.m. New York time. “All the sta
rs are
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