The Canadian dollar edged lower against its U.S. counterpart on Monday as oil prices fell and investors sought to own greenbacks, betting that the U.S. currency would fare best as the global economy slows. The U.S. dollar .DXY jumped as concerns grew that the latest round of U.S.-China talks may not yield a deal between the world’s largest economies before the March deadline. “People want to be long U.S. dollars here,” said Scott Lampard, head of global markets at HSBC Bank Canada. “The sense is that the rest of the world is slowing at a pace that is more rapid than the U.S.” Canada is a major producer of ... (full story)