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The Canadian Dollar pared back earlier gains over the majors Thursday as markets responded to data showing a steep widening in the Canadian trade deficit, to record levels, during March.
May 3,2018
Upbeat commentary about Canada contrasts with that of the UK leading to a sell-off in the exchange rate.
May 2,2018
The Canadian Dollar rose Tuesday as markets responded to a better than expected February GDP number and the latest developments around international trade, which saw Canada gain another exemption from White House tariffs on imported aluminium and steel.
May 1,2018
GBP/CAD is looking extremely vulnerable in the week ahead as it probes the mid 1.70s.
April 30,2018
The Canadian Dollar has been oversold against the US Dollar during recent days and could be due a corrective rebound, according to strategists following the currency, although a key deadline for a North American Free Trade Agreement dealne is approaching and an agreement is far from certain.
April 26,2018
1 Pound buys 1.7935 Canadian Dollars on the open market at the time of writing, an improvement on 1.7867, where the exchange rate started the week.
April 25,2018
The Canadian Dollar rose Tuesday as markets bid risk currencies higher while also responding to an upbeat assessment of the economy by Bank of Canada governor Stephen Poloz.
April 24,2018
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