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USD/CAD: geopolitics and monetary swings
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See also: InstaForex trading indicators for USD/CAD. The USD/CAD pair continues to attract traders' attention, showing a rare mix of opposing forces. On the one hand, an aggressive Federal Reserve stance and geopolitical tensions are pushing the pair higher, testing multi-month highs. On the other hand, peace attempts in the Middle East and domestic problems in the Canadian economy are forcing the loonie to balance on a knife edge. The first week of June closed on a major note for USD/CAD, with
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Jurij Tolin,
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