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Wed Jun 6, 2012 11:41am EDT
TORONTO, June 6 (Reuters) - Canada's dollar rallied against its U.S. counterpart on Wednesday, along with commodities, as European officials urgently explored ways to rescue Spain's debt-laden banks and expectations grew central banks would act to bolster a slowing global economy. The Canadian dollar firmed to a session high at C$1.0298 against the U.S. dollar, or 97.11 U.S. cents. It was up nearly a cent from Monday's close at C$1.0397 versus the greenback, or 96.18 U.S. cents.
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