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Forex technical analysis: USDCAD soars as oils drag weighs on the loonie

Discussion in 'Technical Analysis' started by ForexLive, Dec 7, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Oil prices. Weaker trade and employment. Pair trades at the highest level since June 2004 Friday saw the Canadian employment and trade data show more weakness than strength. Sure the employment weakness was offset by a rise in full time employment. However the unemployment rate did rise to 7.1% from 7.0% and total jobs fell 35.7K.

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