Today is a bank holiday in Canada.

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Bank Holiday in Canada

Canada’s second-biggest gold-miner, Goldcorp, reported a $231,6-million net loss for the second quarter, compared with a $9,2-million loss in the same period last year, after recording a noncash foreign exchange loss on the revaluation of future income tax liabilities. Excluding this charge, adjusted net earnings were $99,2-million, compared with $83,2-million a year earlier, the firm said on Wednesday.

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Goldcorp posts loss on noncash forex charge

The last week of July begins slowly but ends with a bang: American GDP for the first quarter.

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Forex Weekly Outlook – July 27-31 2009

The last week of July begins slowly but ends with a bang: American GDP for the first quarter. Also note Durable Goods Orders, a rate decision in New Zealand and GDP in Canada.

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Forex Weekly Outlook – July 27-31 2009

July 22, 2009 There has been alot of economic data from Canada this week. I have written about the loonie extensively in special reports on FX360. This afternoon I got the opportunity to express my views about the Canadian dollar and other commodity currencies on the Business News Network

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Outlook for Canadian Dollar

forexlive New York forex wrap up: Bernanke cautious on outlook. Forex Factory * Chinese commerce minister says trade surplus to shrink this year * Bank of England’s Bean: Don’t want sterling to strengthen too much * Bank of Canada … …

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forexlive New York forex wrap up: Bernanke cautious on outlook …

WORLD FOREX : Canada Dollar Gains Ater BOC Statement Wall Street Journal … a product of some technical trading as well, after the euro broke above the $1.4250 level, said Brian Dolan, chief currency strategist at Forex .com. …

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WORLD FOREX: Canada Dollar Gains Ater BOC Statement – Wall Street …

July 13 – July 18, 2009 Date Time* Currency Event Actual Forecast Previous Tue Jul 21 – EUR Euro-Zone Purchasing Manager Index Manufacturing (JUL A) – 43.5 42.6 – - EUR Euro-Zone Purchasing Manager Index Services (JUL A) – - 44.7 – 09:00 AM CAD Bank of Canada Interest Rate Decision – - 0.25% – 10:00 AM USD Bernanke Gives Monetary Policy Report Before House Panel – -

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Global Economic Calendar

Canadian Dollar Surge May Not Find a Supportive Bank of Canada The Canadian dollar posted the most aggressive advance against the benchmark greenback this past week (4.3 percent) even though domestic data was decidedly mixed and the USDCAD’s correlation to risk trends is comparatively minor. On the other hand, after nearly a month of tight congestion – with a notable bias in the dollar’s favor – a breakout was inevitable

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Canadian Dollar Surge May Not Find a Supportive Bank of Canada

This Thursday I received an interesting message via the contact form on my site. It was from some newbie Forex trader from Canada that confused me with her Forex broker and asked for payment method and the contact info to withdraw money from here trading account, which in reality appeared to be a demo account (open at  LiteForex ). Here’s the message text (with real name and contact details undisclosed, of course): To Whom It May Concern: My name is A. I set up a Meta 4 LiteForex Demo

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Curious Case of Some Newbie Forex Trader