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Short these two commodity currencies: Goldman Sachs

Posted on 28 November 2013

Goldman Sachs is in the process of releasing its top trade recommendations for 2014, and two of its three released tips include shorting commodity currencies.
On Wednesday, analysts recommended a long bet on the U.S. dollar versus the Canadian dollar, or loonie. A long is a bet that the asset will appreciate, while a short is a bet that the asset will depreciate………………………………………..Full Article: Source


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