The Canadian Dollar has been boosted by a sizeable U.S. Dollar rally, an uptick in domestic core inflation rates and further gains for oil prices.
Read more … →The Canadian Dollar has been under pressure against the U.S. Dollar, British pound and Euro in 2024, although some of that weakness was staunched in the second half of last week by a pickup in crudโฆ
Read more … →GBP/CAD could be set to make further gains amidst a more constructive technical setup and falling oil prices.
Read more … →The Canadian Dollar rose against the Dollar, Pound and Euro after Statistics Canada said CPI inflation rose 3.1% year-on-year in November.
Read more … →The Canadian Dollar is a laggard on global foreign exchange markets after the head of Canada's central bank openly discussed interest rate cuts for the first time.
Read more … →Big support zones hint at limited downside for GBPCAD, but inflation figures on either side of the Atlantic will have the final say.
Read more … →The Canadian Dollar's recent run of strength is not built on a strong economic bedrock and a dovish tilt from the Bank of Canada will put the currency under pressure during 2024.
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