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👤Lisa Harris
🕔August 9, 2016
- Al-Sada’s comment gives crude upward momentum
- US Production forecasts still see crude lower
The price of crude oil made a significant rally between on Monday evening and Tuesday morning, as it rose above $45 per barrel when the president of the Organization of Petroleum Exporting Countries (OPEC) assured the market of a rise in September.…
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CAD Slides in the Wake of Bad Economic Forecasts
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👤Arthur Greene
🕔July 22, 2016
- Darkness dominate economic expectations for the currency
After getting an early push during the North American trading session from the release of Canadian wholesale trade data. The data showed sales decline at an even faster rate than anticipated with a 1.8% gain that outpaced the estimated 0.2% forecast.…
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