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Weak Canadian Sales Hurt Loonie

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 20, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Canadian dollar continues to depreciate against the U.S. dollar after the U.S. Federal Reserve published the minutes from its April Federal Open Market Committee (FOMC) meeting on Wednesday. The notes were surprisingly hawkish and put the June FOMC back on the table as a possibility of a rate hike.[​IMG]

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