The Canadian dollar (CAD) was forecast to fall through 2014 by many foreign exchange rate analysts. However, recent data releases confirm the outlook is not as CAD-negative as many had predicted.
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Could the Canadian dollar exchange rate (CAD) complex benefit from the new crisis in Iraq? Fresh forecasts from one analyst we follow suggetst this could indeed be the outcome should oil prices con…
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TD Securities: "We do think that the broader economic trends in Canada favour more CAD softness versus the USD."
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Above: The technical configuration behind GBP/CAD exchange rate suggests the recent uptrend has stalled around current levels and sideways movement can be expected. The British Pound (GBP) to Cana…
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The Canadian dollar (CAD) fell through the latter half of 2013 but has since found a fresh bout of strength thus far in 2014 ensuring losses are contained.
Read more … →The Canadian dollar exchange rate complex is trading on the front-foot on Thursday owing to a strong data release out of Canada.
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We forecast a run towards the notoriously resistant price level of 1.86 in the pound sterling to Canadian dollar exchange rate.
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