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USD/CAD Price Analysis: CAD Strengthens as Oil Recover

by Forex Crunch
October 29, 2024
in Forex Analysis
Reading Time: 1 min read

Oil price recovered on Tuesday after a 6% decline in the previous session. The US announced plans to buy about 3 million barrels of oil. The US will release figures on employment and GDP. The USD/CAD price analysis suggests a rebound in the Canadian dollar as oil prices rise. However, the loonie has had a…
The post USD/CAD Price Analysis: CAD Strengthens as Oil Recover appeared first on Forex Crunch.
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