Mar 14, 2013
Forex: USD/CAD consolidates March lows
Following a 60 pips decline from 1.0275, the USD/CAD found support at 1.0210, lowest level since February 22nd, and currently it is trading in range between 1.0215 and 1.0230. The Canadian dollar was fueled by news from a new refinery in the west coast that should propelled the Canadian national account by $1.6 billion per month.
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