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Thursday, June 22, 2017

[FOREX NEWS] The Canadian dollar doesn’t need oil – it has the strong local economy

Prices of oil are struggling at the lows. Even after bouncing nicely at low support, the price of black gold remains depressed. Nevertheless, the Canadian dollar is supported by the local economy. Canadian retail sales advanced by 0.8%, significantly better than an increase of 0.3% that was expected. Also, core retail sales enjoyed a significant [...]

The post The Canadian dollar doesn’t need oil – it has the strong local economy appeared first on Forex Crunch.



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