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USD/CAD Preserves Key Support Zone as BoC Warns of Weak Inflation

Lion Asset Management Forex Outlook USD/CAD Preserves Key Support Zone as BoC Warns of Weak Inflation

Forex Outlook

USD/CAD Preserves Key Support Zone as BoC Warns of Weak Inflation

Posted By David Song

USD/CAD may stage a larger recovery following the BoC’s first 2017 interest rate decision as the pair fails to test the October low (1.3006) and holds above channel support.

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