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USD/CAD Loonie Weaker After Oil Plummets Below $31

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Bank of Canada released its Business Outlook survey this morning. The softness from the resource sector is spreading as commented by Governor Stephen Poloz. Business sentiment remains pessimistic and could be worse as the survey was before the latest rout in oil prices.[​IMG]

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