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Week Ahead in FX Bank of Canada to Stabilize Loonie

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The USD closed the week by dropping against the JPY and the EUR. The paradoxical situation with consumer confidence beating forecasts and consumers not spending enough to boost sales was evident on Friday. Lower than expected U.S. indicators like the core retail sales numbers that came in at –0.1 percent[​IMG]

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