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CAD being attacked on two fronts

posted by Avatar rangesnet 1152 days ago in USD, CAD, Daily

Having fallen well below parity all together with the USD, the Canadian dollar is now being attacked on two fronts. First, there is the deteriorating economic situation. Prices for virtually all commodities, namely oil, have declined significantly this year, dealing a harsh blow to the natural resource-dependent Canadian economy. In addition...
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