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2014.11.1823:05:13UTC+00Canadian dollar steadies as investors eye Fed, Keystone vote

The Canadian dollar was slightly changed versus the US dollar in a quiet trading Tuesday, as investors held off making bets before the release of the Federal Reserve’s minutes of its latest meeting Wednesday, and on a key Senate vote on the Keystone XL oil pipeline project.

Also, no major domestic economic figures would appear this week.

If approved, the TransCanada Corp pipeline would deliver more than 800,000 barrels a day of oil from Alberta to the US Gulf Coast.

"The overarching theme is one of patience as we go into the Federal Reserve's minutes tomorrow. That's going to stand out as a key event, where we'll try to gauge the tone of the Fed," said David Tulk, Chief Canada Macro Strategist at TD Securities.

The loonie traded at C$1.1299 to the US dollar or 88.50 U.S. cents, from Monday's C$1.1296 or 88.53 US cents. 

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