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Tag Archives: CAD

The Canadian Dollar Recovered from One-Year-Low of Weak USD

CAD Bounced, But Appreciation Capped  The Canadian dollar has strengthened to 1.37 per USD, bouncing back strongly from the one-year low of 1.39 reached on November 1st. This recovery was strengthened by a general retreat in the DXY index, as weak economic data from the US reinforced the Federal Reserve’s indications that they may hold […]