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CAD higher ahead of CPI report, ECB hints more stimulus

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events Waiting for Canada’s inflation report (by Arnaud Masset) After a sharp appreciation of the US dollar against the loonie, the Canadian dollar regains ground as crude oil prices stabilise. However, we believe that this recent correction will be short-lived as the fundamentals of the Canadian economy are lacking the strength to reverse the current trend. Unemployment reached 7.1% in September, while wholesale trade and retail sales continue to show signs of weakness. Today’s

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