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CAD Looks For Direction as EU Concerns Weigh on Outlook

posted by Avatar fahrell 712 days ago in USD, CAD, Fundamental made popular 711 days ago

The Canadian dollar looks to have extended last week’s rally against the U.S. dollar, finishing as the third best performing G-10 currencies through Friday’s close. Strong rallies in crude oil prices fueled the USD/CAD advance and sent it to the lowest level since June 19th. However, looking at the daily chart, the pair continues to make higher low
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