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Excerpt from:  Forex Strategies
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August 05, 2008

Canadian Dollar Forex Trading Strategy

Loonie continues to break down in FX trading
Canadian dollar forex trading strategy should consider that commodities play a big role in performance. The loonie is dependent on commodities for its success in FX trading, especially on oil prices.

With oil prices leading other commodities down, the Canadian dollar struggles in currency trading on the FX market. Indeed, since yesterday, oil prices have tumbled quite a way, and this will impact the loonie greatly in FX trading.
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PermalinkLoonie in FX Trading
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  Canadian dollar currency trading, Canadian dollar forex trading, Canadian dollar strategy, commodities, currency trading FX market, forex trading strategy, loonie FX trading, oil prices
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