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Back Fundamental analysis
USD/CAD. Analysis and Forecast
At the moment, the USD/CAD pair
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At the moment, the USD/CAD pair is trading above the 200-day simple moving average (SMA). Spot prices have surpassed the key 1.4000 level.Oil prices opened the new week with a strong bullish gap, partially offsetting last week's decline in response to the softer tone from US President Donald Trump regarding the threat of imposing 100% tariffs on imports from China. This has reduced fears of an escalating trade conflict between the two countries while simultaneously raising concerns about a slowdown
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Irina Yanina,
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