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DavidBelleFX
Nov 20, 2016 7:01 PM

USDCAD bid til 1.42. Short with oil price ^^ 

U.S. DOLLAR / CANADIAN DOLLARICE

Description

I feel that oil is to strengthen longer term (see linked chart) and this will put pressure on the USD. When Trump's final cabinet is found and we have some real direction as to his policy, this is when we will see the USD come off as the market is merely pricing in fiscal expansion at this point.
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