USDCAD Update, 1.40 in Sight on Break Above 1.38

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    USDCAD, Monthly The CAD sinks as Canada manufacturing shipments tumbled 1.1% in October, petroleum and coal shipments plunged 5.7%, marking the fifth straight decline in the sector. Aerospace and parts shipments contracted 10.3%, with Statistics Canada noting that monthly volatility is the norm for the sector. Machinery sales declined 4.6% in October. A 4.9% improvement in motor vehicle sales provided a partial offset. Shipment volumes fell 1.0% in October, which begins the monthly GDP tally

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