Canadian Dollar 2008 Q3 Outlook

 04.07.2008 16:13   actionforex.com

Following a rapid appreciation amid the subprime-fueled dollar selloff, the Canadian dollar settled into a range against its US counterpart, oscillating around parity between 1.0360 and 0.9740. This is not surprising given that nearly 80% of Canadian exports are destined for the US market, making Canada highly sensitive to the...

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