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USD/CAD sinks as oil recovers in early US trading

Discussion in 'Market News' started by ForexLive, Jan 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    USD/CAD down 125 pips Oil has reversed in the past hour from a modest decline to a small gain and that's led to a quick round of USD/CAD sales. After falling as low as $29.25, WTI crude is up 25-cents to $30.60. about the reasons behind the optimism in oil.

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