17.11.2008 21:14

USD/CAD remains under pressure


The pair dropped from C$1.2330 to C$1.2130 over the midday period as a scramble to buy the local currency breaks out. "Stops, a market tuned in to equities, and zero liquidity," blamed by a Toronto-based trader for the move. Lows thus far around C$1.2115 and no orders in sight.






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