The Canadian dollar (CAD) stands to benefit from an improving US economy; however the outlook against the US dollar and pound sterling will be undermined should oil prices stay low.
Read more … →Latest Canadian dollar exchange rate (CAD) forecasts from the industry-leading technical analytical team at TD Securities.
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The CAD has been hit by a combination of falling oil prices and poor US data.
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The latest news and predictions on the major exchange rates we follow - includes the euro (EUR), British pound (GBP), US Dollar (USD), Australian Dollar (AUD) and Canadian Dollar (CAD).
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Today's latest news, views and predictions for the British Pound, euro, US and Canadian Dollars.
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Weak global commodity prices are continuing to weigh on the Australian and Canadian dollar exchange rates.
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The slump seen in the commodity dollar complex - particularly the slide lower in the NZ dollar and AUD - has ensured the CAD is left on the back-foot.
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