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USD/CAD – Loonie Lower After Risk Sell Off And Weak Commodities

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 8, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar depreciated on Thursday as investors fled to safe havens following concerns about global growth. The USD gained versus the CAD as support from oil prices was not forthcoming after Iraqi oil exports rose putting a big question mark ahead of the Doha output freeze summit.[​IMG]

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