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CAD Analysis – 13th of April

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 13, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    CAD is a neutral currency at present as BOC remain satisfied with economic developments and has signaled no bias for further easing. Core inflation close to target and the oil price has started moving higher during late February and March which bodes well for the resource exporting nation. Further upside in WTI will make the CAD a buy on pullbacks against weaker currencies. CAD Analysis Interest Rate Overnight Target Rate: 0.50% Last Change: July 15, 2015 (0.75%) Expected Future

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