The outlook for Pound Sterling against the Canadian Dollar has improved from a technical perspective, with a drop in oil prices providing the fundamental trigger.
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If the USD/CAD exchange rate falls through 1.3000 it would probably confirm a successful breakdown and a test of a target set at 1.2800.
Read more … →The Canadian Dollar remained the G10 universe's best performing currency for 2019 on Monday but it could soon run out of road if the economy does not pick up, according to one analyst who says Frid…
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In the medium-term, we are still marginally bullish based on the fact the pair has broken clearly above the range highs on two occasions, as well as the up-sloping nature of the range lows which ha…
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The Canadian Dollar held onto its place at the top of the G10 league table Thursday even after official data confirmed that the economy slowed sharply into year-end, which led economists to claim t…
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The Canadian Dollar has further to run in its rally against the U.S. Dollar and other currencies, according to strategists at global investment bank Morgan Stanley, because financial markets are si…
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The Pound's outlook against the Canadian Dollar has shown a material improvement of late, and on this basis we could expect further gains. But, we are wary of volatility around Tuesday's key Brexit…
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