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USD/CAD – Loonie Falls After OPEC Dismisses Production Cut

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 24, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar retreated on Tuesday after comments from Saudi oil minister Ali Ibrahim Naimi that the current agreement between Organization of the Petroleum Exporting Countries (OPEC) and Russia does not include reducing production to an audience in Houston. The OPEC Secretary General had earlier blamed non-OPEC producers in particular[​IMG]

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