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2.3.21 17:45_USD/CAD_SHORT

USD/CAD Short. The Canadian dollar is extending Monday’s rally today, in response to the growth of the Canadian economy. Domestic data showed faster-than-expected economic growth. Data from the Canadian Bureau of Statistics today showed that the Canadian economy grew at an annualized rate of 9.6% in the fourth quarter, exceeding analysts’ expectations of 7.5%. Analysts expect Canada’s GDP to grow by 0.5% in January.

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