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Wednesday, August 2, 2017

USDCAD retraces - how far can it go?

Tuesday saw the CAD pull back across the board tracking a decline in oil. West Texas Intermediate dipped $2 during Tuesday's NY session as a survey showed July output rose, and production ramping up in Libya. In addition, OPEC ministers are not expected to attend the technical OPEC meeting in Abu Dhabi, according to social
USDCAD retraces - how far can it go?

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