GBP/CAD at risk of a breakdown due to central bank action, price charts are meanwhile also signalling a bearish bias as Elliot wave pattern points to 1.70s
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The Pound-to-Canadian-Dollar rate rose as the new trading week got underway Monday but the pair looks vulnerable to a break lower during the days ahead.
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The Candian Dollar extended losses against its developed world rivals Friday after traders responded to a mixed June jobs report by offering the Loonie lower, as the data appears to have done littl…
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The Canadian Dollar has arrested a month-long sell-off relative to the Pound and US Dollar, rising by a fraction against both rival currencies during the five days to Wednesday, 04, July, although …
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The Canadian Dollar continued to rise against many of its developed world rivals Monday but fell relative to the US Dollar and Yen, both so called safe-haven currencies, in a telling sign of what m…
Read more … →Technical studies suggest GBP/CAD might be turning lower after a good run but Canadian employment data at the end of the week dominates CAD calendar and could move the market. The Pound meanwhile f…
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The Canadian Dollar extended gains over the US Dollar and Japanese Yen Friday while paring losses against other major currencies after official data showed the economy growing faster than was …
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