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USD/CAD – Loonie Awaiting US Employment Data

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian economy expanded in January by 0.6 percent doubling economists expectations. This is the strongest monthly GDP figure since the price of oil was above $100 in July 2013. The Canadian dollar has been riding a positive trend against the USD after the March Federal Open Market Committee (FOMC)[​IMG]

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