The Pound-to-Canadian Dollar rate closed its worst week since the October 2016 Sterling flash-crash on Friday after suffering a near-3% loss but it was finding support on the charts Sunday and coul…
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The Canadian Dollar advanced on the Pound and U.S. Dollar Friday in a curious reaction to the Bank of Canada (BoC) suprising markets with a second large interest rate cut in as many weeks.
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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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