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Thread: Long Term Forexcast Usd/cad

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    Default Long Term Forexcast Usd/cad

    The Canadian Dollar has shown truly impressive strength in the first half of the year, reaching 30 year highs against its US dollar and outperforming all major currencies on a year-to-date basis. The Loonie made a definitive turn higher in late March on speculation that the Bank of Canada would raise interest rates through the medium term. Indeed, domestic Core CPI jumped well-above the central bank's target of 2.0 percent and has led to the BoC's decision to take rates to 4.50 percent through July.

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    In Profit acidguy's Avatar
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    so.....
    what gonna happen with rates

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    in long terms seems to me it is an uptrend

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    Default

    Hi, money, do you have your strategy? Can you share it on the forum?

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