A rapid decline in timber prices have been attributed by some to a recent run of weakness in the Canadian Dollar, an understandable assessment given the importance of the sector to the Canadian eco…
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The Pound-to-Canadian Dollar exchange rate entered the new week reduced from three-month highs but would risk a further correction as far as an important level of support near 1.73.
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The Canadian Dollar plumbed the bottom of the major currency barrel ahead of the weekend and was on course for its worst week since March 2020 as a gloomy market of risk-averse traders overlooked s…
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The Pound-to-Canadian Dollar rate was closing in on multi-month highs in the penultimate session of the week after the Loonie was left reeling by risk aversion in global markets.
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The Pound-to-Canadian Dollar rate had the wind in its sails and 1.74 in sight following a strong start to the new week but could now struggle to advance much beyond Monday's levels.
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The Pound-to-Canadian Dollar rate dipped briefly below 1.73 ahead of the weekend amid signs that its recent uptrend is neutralising, an idea that is only encouraged by the latest HSBC forecasts, wh…
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The Pound-to-Canadian Dollar rate has struggled for momentum thus far in the new week but technical analysis from Scotiabank has flagged upside risks for both GBP/CAD and USD/CAD, while new forecas…
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