LiteForex - Analytics

    LiteForex

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    USD/CAD: last trading day of the week and the month on 29.05.2015

    On the last trading day of the week and the month it is difficult to predict movement direction in the price, as traders adjust their positions and lock in profit. In addition, annual data on the US GDP for Q1 will be known today, as well as the US consumer confidence index for April and Canadian GDP for March. Volatility in the pair can be high today. 

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