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Thomson Reuters
Nov 23 - 08:36 AM
USD/CAD - Lifted By Oil's Drop To 2018 Low Pre-Canada Data
First appeared on eFXplus on Nov 23 - 06:25 AM
  • USD/CAD rise from 1.3194 to threaten 1.3245 fuelled by lower oil prices
  • WTI hits lowest level since Oct 2017 nL4N1XY1IA. 1.3245 = Thursday's high
  • 1.3194 was European am low. Canada CPI and retail sales data due 1330GMT
  • Softer than expected data could further inflate USD/CAD towards 1.3300/18
  • 1.3318 was five-month high earlier this week. CPI f/c +2.2 pct YY
  • Retail sales f/c +0.1 pct MM. BOCWATCH-23 pct chance of BoC hike Dec 5

USDCAD: Click here

Source:
Thomson Reuters IFR Markets

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