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US Trade Deficit Hits 5 Year Low, USD/CAD Soars

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 13, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The US trade deficit narrowed materially in the month of November to the smallest since June 2003. Although the narrower trade deficit is normally something to cheer about, the details of the report indicate that the only reasons why trade improved was because of the fall in oil prices and...

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