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USD/CAD Rebounds Sharply On Canadian Trade Deficit, Crude Oil Pullback

Discussion in 'Technical Analysis' started by Kaitlin, May 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    USD/CAD continued its sharp rebound for the second consecutive day on Wednesday as crude oil remained in retreat, the US dollar saw a modest relief bounce, and the Canadian dollar was hit by data showing a worse-than-expected trade deficit.[​IMG]

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