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Tuesday, 2 August 2011
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The Canadian Dollar Fall Issue
Canada to proceed against all major currencies today, as well as other "commodity" currency ...... Canada continues to decline against major currencies today, as well as other "commodity" currency, as global economic growth outlook remains bleak.... The fact that the foreign exchange market is the treatment of Canadian and Australian dollars as inseparable. According to foreign exchange trading, AUD / USD and CAD / USD trade and 92.5% correlation in the foreign exchange market ranks second (after CHFUSD and the Australian dollar). In the above chart a cursory glance, the two figures related (see table below) for the better part of 2011, the fact can also be discerned.
Foreign exchange ( FX) market is the largest and most liquid financial markets, the average daily turnover of over 3.2 trillion U.S. dollars $ of. This market transactions including the purchase and sale of the world's major currency exchange rate differences from the profits. Forex trading can generate high profits, but it is also very dangerous. Everyone can participate in foreign exchange through foreign exchange brokers.......
dollar / Canadian dollar rose to 0.9600 from 0.9559, as of today 16:47 GMT, the day's high at 0.9618 points - July 18, the lowest since level. Euro / Canadian dollar only slightly - from 1.3626 to 1.3632. CAD / JPY fell to 80.34 from 80.91.
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