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The Canadian Dollar rose sharply Tuesday as markets responded to rising hopes that a provisional deal to preserve the North American Free Trade Agreement can be reached before the month is out, which strategists say would lead to even greater upside for the Canadian currency.
April 3,2018
The Pound has steadily lost value against the Canadian Dollar since our last forecast; at the start of the week it could buy 1.8221 Canadian Dollars, which fell to only 1.8072 at Friday's close.
April 3,2018
The Canadian Dollar pared back its earlier gains during noon trading in London Thursday after Statistics Canada data showed the economy economy contracting during January.
March 29,2018
The Canadian Dollar drew new members Wednesday to a choir of economists and strategists who are now looking for a rebound from the currency, which has been the developed worldās worst performer against the US greenback in 2018.
March 28,2018
The Canadian Dollar arrested its March-long decline during the last week and recoiled against the US greenback and British Pound, although strategists at global investment bank Credit Suisse say there is renewed weakness lurking just around the corner for the Loonie.
March 27,2018
The Pound-to-Canadian Dollar rate is rising in a strong bullish trend which is overall likely to extend in the future.
March 26,2018
The Canadian Dollar rose sharply during noon trading Friday as traders reacted to a much stronger than expected rise in Canada's inflation rates during February, which could now have implications for Bank of Canada monetary policy.
March 23,2018
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