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USD/CAD Forecast Nov. 23-27

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The Canadian dollar was almost unchanged last week, as USD/CAD closed the week at 1.3340. The upcoming week has just three events. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The Federal Reserve minutes didn’t contain any surprises, as the guessing game continues regarding a rate hike in December. US Core Inflation met expectations, with a gain of 1.9%. Canadian Retail Sales beat the forecast at 0.3%, but Core Retail Sales missed the estimate

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