The Pound to Canadian Dollar exchange rate rallied from August lows to open the new week but could climb further up ahead and as far as a short distance above the 1.58 handle if the Loonie builds o…
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The Canadian Dollar was one of the biggest losers of the midweek release of softer-than-forecast U.S. inflation data.
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The near-term outlook for the Canadian Dollar is "skewed to the downside" according to foreign exchange analysts at Barclays.
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The Pound to Canadian Dollar rate’s attempted escape from near 10-year lows was cut short last week when U.S. economic data conspired with the U.S. Dollar and a resilient Loonie to pull GBP/CAD bac…
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The Canadian Dollar shrugged off a second consecutive month of job losses on Friday when showing resilience in the face of a rising U.S. Dollar and pushing GBP/CAD lower ahead of the weekend.
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CAD is tipped to maintain that outperformance over coming weeks, but by year-end it should start retreating against GBP and EUR.
Read more … →The Canadian Dollar fundamental value has risen, leading a BMO Capital Markets financial model to tip the Loonie as a buy this week, although the latest technical analysis from Scotiabank suggests …
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