No good news came from the American front last week, still the USD/CAD climbed and to some binary options traders this looks like a paradox. As a result, many predict a swift correction in the upcoming week, but we expect the exact opposite to happen. Bank of Canada decided to maintain interest rate at 1%, and the weak manufacturing and unemployment data in the United States will continue to hurt not only the American currency, but also the Canadian dollar in directly.

The CADUSD pair poised for growth this week - trade of 30$
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