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Canadian Dollar Hits Reality

by Ashraf Laidi
Jan 23, 2013 18:32

CAD is the day's worst performing currency as BoC lowers its 2013 growth forecasts & toned down previous hawkishness. We already mentioned in October we did not buy into the BoC's hawkish remarks. But what does it mean for CAD? See here for full charts & analysis.

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Canadian Dollar Hits Reality - Eurcad Usdcad Jan 23 2013 S (Chart 1)

 
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