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Strategies & Market Trends : Canadian Dollar
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To: Rob Toor who wrote (39)4/22/1997 10:11:00 PM
From: Charles R. Keuler   of 103
 
Rob,

With the Canadian elections this year I can't see the Canadian Bank raising interest rates much if any. The US will raise rates slightly. That will be the difference. I think the economic problems for the US will start in mid to late August. That will reverse the direction of money flow to an outflow from the US. The US dollar should weaken as a result.

Chuck
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