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Business / Finance

The foreign exchange market. Canadian ready to rise up

MQL5: Blogs Traders 15.08.2017 at 05:38

Blogs traders and analyst of financial markets

USD/CAD may finally be on the current week to resume the fall. Nine days in a row, the pair was growing until he reached 1,2752. It seems to go higher she is not ready. So, it's time to pay attention to economic data which will start the fall.

We have already noted that in the canadian economy, so good. The labor market is growing at a good pace. Retail sales increase in volume. GDP over the last 3 quarters were, on average, of 3.5%. In the next few days will be published data on inflation and growth could accelerate the strengthening of the loonie. And there is every chance to see it: the price component of the latest Ivey PMI report said. Read more on the website of FOREX CLUB