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You are an economic advisor to a foreign-exchange trading firm. What buy or sell recommendations for the Canadian dollar would you make in response to
You are an economic advisor to a foreign-exchange trading firm. What buy or sell recommendations for the Canadian dollar would you make in response to each of the following: a) Faster economic growth in the European Union; b) Expectations of higher interest rates in Canada; c) Canadian interest rates rise, but less than expected; d) Expected loosening of Canadian monetary policy, e) Higher inflationary predictions for Canada. Considered each separately. Provide a one-sentence comment in each case
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