Oil rate growth suits Canada

Tuesday, 22/05/2018 | 14:02 GMT

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The growth of oil rates has a positive impact on the positions of Canadian dollar against USD. This is exactly why Larson&Holz analysts recommend make a deal for buying the currency pair USDCAD till it reaches 1,2725. Canada is one of the biggest suppliers of oil, so oil price growth is surely a good news to the Canadian economy.

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Source: https://www.lh-broker.com/

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