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Excerpt from:  Forex Analysis
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June 19, 2008

Canadian Dollar Forex Trading Strategy

Loonie gains in currency trading
inflation, oil prices, Canadian dollar forex trading, forex trading strategy, loonie currency trading, US dollar FX trading, FX trading, Canadian dollar parity
Canadian dollar forex trading strategy should consider that inflation and oil prices that are trending higher overall are really driving the loonie higher in currency trading.

The recent inflation report is showing some growth in the Canadian economy, although much of that is from steadily rising oil prices.

It is uncertain how long this rally can be sustained, but it does look as though the Canadian dollar will remain near parity with the US dollar in FX trading for a while.
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Topic Tags:  Canadian dollar forex trading, Canadian dollar parity, forex trading strategy, FX trading, inflation, loonie currency trading, oil prices, US dollar FX trading
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