Foreign exchange strategists at Nomura - the global investment bank - expect the Canadian Dollar to remain under pressure amidst an environment of suppressed oil prices.
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The Pound-to-Canadian Dollar rate retreated from its highest levels since 2018 Tuesday amid a rebound in oil prices although the coronavirus threat to the global economy and prospect of a months-lo…
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The Pound-to-Canadian Dollar exchange rate leapt 1.8% in Monday trade as a meltdown in global stocks and oil prices left the Canadian Dollar as one of the FX market's major losers.
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The Pound-to-Canadian Dollar rate has entered overbought territory on the charts and may now be vulnerable to a correction lower after posting its largest weekly gain since September last year,&nbs…
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The Canadian Dollar appeared to be unravelling Thursday as it extended an earlier retreat from the U.S. Dollar and Pound after Governor Stephen Poloz said the Bank of Canada (BoC) will cut interest…
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The Canadian Dollar was quick to recover on Wednesday from a Bank of Canada (BoC) decision to take an axe to its cash rate and leave the door ajar for further easing, as the economy faces a "materi…
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The Bank of Canada is widely expected to cut interest rates on March 04 in sympathy with an apparently coordinated central bank action to inject capital and confidence into the global financial mar…
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