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USD/CAD – Loonie Joined At The Hip To Volatile Oil

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian currency was quick to give back the gains from last week as the price of oil tumbled below $30 during the European session. Comments from the Organization of the Petroleum Exporting Countries (OPEC) seeking to stabilize the energy market alongside Russia were unsuccessful. Russian sources have been quoted[​IMG]

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