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USD/CAD – Loonie Lower on Oil Uncertainty

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar retraced on Thursday as energy prices traded lower ahead of the Doha oil output freeze summit over the weekend. Yesterday the Bank of Canada (BoC) held rates unchanged at 0.50 percent and issued words of caution. The BoC did not make any dovish comments, and in general[​IMG]

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