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USDCAD’s Sudden, but Natural Plunge Explained

USDCAD’s lost ground this week reminds traders just how quickly things change in the Forex market. A week ago, on Friday 9th, the pair touched 1.2688. Five trading days later, the greenback is down to 1.2450 against the Canadian counterpart for a total loss of 238 pips or 1,88%. Higher inflation is considered as the…

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