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Canadian Dollar Rally Continues

By Kenny Fisher

The Canadian dollar continues to post gains on Tuesday. In the North American session, USD/CAD is trading slightly below the 1.25 line in the North American session. After a horrendous January, the Canadian dollar has changed directions, gaining over 200 points this week. On the release front, Canadian RMPI and IPPI both posted declines. In the US, Factory Orders posted a sharp decline of…