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Moreover, Canada is the biggest importer of crude oil in the United States, which, apart from the overall trade flow, additionally underlines the importance of the US economy’s health for its neighbor to the North. Canada’s economy is typically known as a resource-based economy as its initial development relied heavily on the exploitation and exports of its natural resources. Strategy Of Pairs Trading On Forex Training Of Forex Swaps Pairs Taking into account the sheer size of the US economy and its pillars of strength, one can clearly understand the effect of economic data from those sectors on the US dollar, and in turn on the global Forex market. Canada is one of the few highly developed economies, which is a net exporter of energy, underscoring the importance of the global energy sector for the country’s economy and the loonie’s value.

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The US economy is primarily service-oriented, as almost 80% of the GDP is produced by sectors such as real estate, transportation, financial services, other business services and health care. Moreover, as of 2013 the United States is the third-largest producer of oil (8 453 000 barrels per day, or 9.97% of the global total oil production) and the largest natural gas producer (66.5 billion cubic feet per day). Strategy Of Pairs Trading On Forex Top Binary Options Traders As A Business May 1, 2016. Nick's Forex Trading Strategy uses Forex Price Action and clean. My Forex Trading Strategy will work on any currency pair, which is free. Mar 3, 2015. If you're struggling to find success, it may be a compatibility issue between the strategy and currency pairs you are attempting to trade. Forex Price Action Scalping Indicator Pairs Canada closely resembles the United States with its market-oriented economic system, types of production and high standard of living with a GDP per capita of $43 100 in 2013, according to which it ranks 19th (compared to $52 800 in the US, which ranks it 14th).