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The Canadian dollar took off 'like a scolded cat' in the aftermath of the BoC policy announcement yesterday and opens about 2 big figures lower against the US dollar this morning relative to yesterday’s open.
March 10,2014
March 10,2014
The Canadian dollar (CAD) is being held in tight range in the FX markets as nervous traders hold tight ahead of today's Bank of Canada decision which will dominate the near-term outlook for the Canadian dollar.
March 10,2014
Canadian dollar exchange rates (AUD) are today fighting back after a respite to the relentless selling pressure seen so far in 2014 is offered by a better-than-expected economic reading.
March 10,2014
Canadian dollar exchange rates (CAD) are today to be found on a firmer footing as a longer-term sell-off is reversed. The forecast does however not favour the CAD and event-risk will be elevated this week.
March 10,2014
Canadian dollar exchange rates (CAD) are today stuck in a sideways movement with only the British pound losing any amount of significant ground to its Canadian counterpart. We consider the latest forecasts for the CAD ahead of next week's BoC meeting.
March 10,2014
The Canadian dollar (CAD) is forecasted to see further falls against the US dollar and other major currencies as eyes focus firmly on the January 22nd BoC decision.
March 10,2014
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