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“We still like GBP/AUD upside as a medium-term monetary policy divergence view but we think GBP/CAD over the next few weeks could be the better trade.” - Nomura
March 7,2018
A high-probability continuation pattern signals bias to expecting more upside in the week to come.
March 5,2018
Traders continued selling the Canadian Dollar after the release of Q4 GDP undershot expectations on Friday.
March 2,2018
Prepare for a possible 'sell the rumour buy the fact' reaction from CAD ahead of Friday's Q4 GDP release.
February 28,2018
After breaking higher GBP/CAD inches closer to key May highs at 1.7840.
February 26,2018
“We are comfortably cautious on CAD and reckon the market has been unjustifiably overlooking a turn gear lower in the Canadian economy; one that will keep the BoC sidelined until later this year.”
February 23,2018
Traders were expecting the Bank of Canada to raise interest rates by 25 basis points again before July but Thursday’s data has probably dented this expectation, with implications for the Loonie.
February 23,2018
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