LiteForex - Analytics

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USD/CAD: demand for CAD will gradually increase on 02.02.2015

During more than six months Canadian dollar loses grounds against its U.S. counterpart. Since July, 2014 the pair USD/CAD has been rapidly moving up, almost without downward corrections. First and foremost, it was connected with a sharp U.S. dollar consolidation due to considerable economic growth of the USA. Over the past few months, the U.S. dollar rose by more than 40% against he major currencies, and it is likely that it is not the limit.

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