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Trading Commodity Currencies – CAD Focus

Trading Commodity Currencies – CAD Focus

The term ‘commodity currencies’ is a very popular and accurate term to describe a group of currency pairs that every Forex trader needs to be aware of and understand as it will result in an increase in profits as you understand what impacts them. Today’s focus will be on strategies & set up when trading CAD crosses. We will also be exploring the impact of Economic Data releases on the CAD. For example, today we are expecting the raw material index, Industrial product price, and the GDP figures of Canada.

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