News Snapshot:
The Canadian dollar CADUSD was little changed against its U.S. counterpart on Tuesday, with the currency pulling back from its highest level in nearly two weeks as lower oil prices offset improvement in investor sentiment. The loonie was trading nearly unchanged at 1.3710 to the greenback, or 72.94 U.S. cents, after touching its strongest intraday level since Oct. 6 at 1.3658. Global equity markets rose in a revival of risk appetite that analysts attributed to the turnaround in British fiscal policy. Canada is a major producer of commodities, including oil, so the loonie tends to be responsive to fluctuations in...
