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The Pound-to-Canadian-Dollar Rate will return toward its 2018 lows over the coming week, according to analysts at Toronto-headquartered RBC Capital Markets, who are advocating that the bank's clients bet on a decline in the exchange rate.
January 8,2019
From a technical perspective GBP/CAD looks to be breaking out of the top of a range it has been in since it based in August and that it could surge up to a target in the 1.77s.
December 30,2018
The Canadian Dollar held at an 18-month low against the Dollar and also ceded ground to Sterling Friday, after the latest GDP and retail sales data appeared to put a further dent in the economic outlook.
December 21,2018
The Canadian Dollar extended losses Wednesday after official data revealed a steep fall in inflation during November, which has given the Bank of Canada (BoC) yet another reason to be patient before raising interest rates again.
December 20,2018
The Canadian Dollar will strengthen next year as the Bank of Canada (BoC) continues to lift its interest rate and a looming general election forces politicians to address the nation's increasingly apparent competitiveness problem, according to the latest forecasts from Toronto-headquartered BMO Capital Markets.
December 18,2018
The Canadian Dollar has spent December on its back foot but the downtrend has recently lost momentum and all of this could change before over coming days because one last big test now awaits the Loonie during the week ahead.
December 17,2018
The Canadian Dollar will recover 2018's steep loss next year, according to the latest forecasts from ABN Amro, as the Bank of Canada (BoC) outpaces its U.S. rival and oil prices recover from the depths plumbed in recent months.
December 12,2018
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