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Friday, July 14, 2017

[FOREX NEWS] USD/CAD forming a double bottom after the poor US data

Everything is going against USD/CAD. The big mover of the week came from Ottawa. The Bank of Canada not only raised rates but also made hawkish sounds. They are set to hike rates again this year, based on upgraded forecasts. The dollar side is also making its contribution. The troubles of Trump Junior were joined [...]

The post USD/CAD forming a double bottom after the poor US data appeared first on Forex Crunch.



via Forex Crunch

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