The Canadian Dollar was seen outperforming its rivals on July 28 following the release of economic growth data that easily put expectations in the shade.
Read more … →The downtrend is expected to continue with confirmation coming from a break below 1.6232 and downside target at 1.6100. However, the prospect of a period of short-term relief is also elevated.
Read more … →After a strong month CAD could be over extended, says JP Morgan's Daniel P. Hui
Read more … →The Pound to Canadian Dollar pair is now firmly in a downtrend as the Bank of Canada (BOC) moves closer to raising interest rates whilst the Bank of England (BOE) remains divided and Sterling underโฆ
Read more … →In a widely-expected move the Bank of Canada has raised its basic interest rate by 0.25% to take the overall rate to 0.75% ensuring the Canadian Dollar remains one of the best-performing currenciesโฆ
Read more … →The Pound to Canadian Dollar has fallen from 1.7800 highs set in May to its current 1.6688 level driven by increased expectations that the Bank of Canada (BOC) might start to tighten monetary policโฆ
Read more … →Canadian employment report boosts CAD after showing gains in June.
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