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Thursday, March 2, 2017

[FOREX NEWS] USD/CAD at the highest in two months as falling oil beats rising growth

The Canadian dollar has reasons to rise: the economy grew by 0.3% in December 2016, bang on expectations, but this came on top of an upwards revision for November. All in all, the Canadian economy enjoyed stronger-than-expected growth at 2% instead of 1.7% expected. On an annualized basis, the growth rate was 2.6%, beating predictions of 2%. [...]

The post USD/CAD at the highest in two months as falling oil beats rising growth appeared first on Forex Crunch.



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