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Friday, December 16, 2005

An Exhausted Canadian Dollar?

The trading week is ending with the market mulling over the U.S. Q3 current account deficit. With both a record trade deficit and record inflows influencing sentiment, traders can now factor-in a slightly lower overall quarterly figure. The Q3 figure was negative $195.8b, less than expected and less than the record, which was set in Q1 of this year ($198.7b). Read More....