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Forex

These two forex pairs are reaping benefits of the oil rally

The Norwegian krone and the Canadian dollar have been the best performers among G-10 currencies in recent weeks, thanks to their strong correlation with oil prices.When viewed against the Japanese yen – traditionally one of the currencies most affected by higher oil prices – NOK/JPY and CAD/JPY have risen 5.6% and 5.1% respectively over the…
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