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USD/CAD – Loonie In Tight Range Despite Oil Price Tumble

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar traded in a tight range versus the USD as the weak fundamentals in the U.S. cancelled out the drop in oil prices after doubts rose about the Doha crude price freeze. The USD did not get support from data releases after the U.S. Factory goods orders posted[​IMG]

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