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Canadian dollar ready to rock

Yohay Elam
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A better market mood with positive US data helps commodity currencies including the Canadian dollar. The loonie is now in the limelight with a rate decision from the BOC and crude oil inventories. Is the mood too positive for the C$? Is there a buy opportunity on USD/CAD? Also watch out for more action in EUR/USD after it has finally escaped the range.

Wrap up of the morning show for Wednesday, May 25th 2016:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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