The data nevertheless confirms Canada's jobs market is incredibly tight and will offer further incentive for the Bank of Canada to continue raising interest rates.
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The Canadian Dollar stabilised near 18-month lows against the U.S. Dollar this week and strategists at CIBC Capital Markets say it should continue to find support near the 1.2950 level of USD/CAD i…
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The Pound to Canadian Dollar exchange rate signed off on a hat-trick of weekly declines last Friday but may be at risk of further losses that would see it sliding to a new five year low this week a…
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The Bank of Canada will have scope to raise interest rates by another 50 basis points to 1.0% at their next policy meeting following the release of stronger than expected growth data, which should …
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GBP/CAD plumbing lowest since September 2019, could remain suppressed near 1.6200 short-term.
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Foreign exchange strategists at Goldman Sachs are sticking with the Canadian Dollar, expecting it to outperform most rivals over coming weeks.
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The Pound to Canadian Dollar exchange rate has remained buoyant above its early April lows near the round number of 1.63 and could have scope to test or probe above the 1.65 handle this week if USD…
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