While I recognize oil prices are not the only factor influencing the USD/CAD cross, it is certainly an important one. Since the first of August, crude prices have been dropping. That has not followed on the USD/CAD itself, which is a little unusual. The pair is at nearly the same price level now that it was on the first. I know we have been dealing with a credit crisis during that time that has been messing with currency prices across the board but that still seems to indicate that the l[...]
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[Source: The Money Blogs]
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