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CAD review

Western Union notes:

Oil us up, the U.S. dollar has shed its jobs-driven gains and the Canadian dollar is at its strongest in two weeks. Loonie sentiment perked up in Canada's best jobs report in seven months in May. 

Canada's addition of nearly 60,000 jobs hinted at the economy gaining momentum, welcome news that lowered the risk of further rate cuts north of the border. 

Oil was nearly a $1 stronger at $59 a barrel.

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