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May 27, 2012

A Cyclical Shift For The Loonie, Continued

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Nearly two months ago we looked at the possibility of a cyclical shift for USDCAD: April 2, 2012. We covered how USDCAD could be both a good hedge against a Chinese slowdown and a U.S. Stock market correction, and so far it has. USDCAD jumped above resistance at 100.50 mid-month, and saw 103.00 last... FF News: Fundamental

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