The Canadian dollar (CAD) is forecast to decline in coming months, particularly against the US dollar according to the latest anlysis from BMO Capital.
July 23,2014
The Canadian dollar is forecast to decline in coming months after a firm mid-year session.
This is according to one prominent Canadian currency analyst we follow who cites ongoing weakness in the domestic economy for the call.
July 17,2014
The Canadian dollar (CAD) was forecast to fall through 2014 by many foreign exchange rate analysts. However, recent data releases confirm the outlook is not as CAD-negative as many had predicted.
June 25,2014
Could the Canadian dollar exchange rate (CAD) complex benefit from the new crisis in Iraq? Fresh forecasts from one analyst we follow suggetst this could indeed be the outcome should oil prices continue to rise.
June 20,2014
June 18,2014
Above: The technical configuration behind GBP/CAD exchange rate suggests the recent uptrend has stalled around current levels and sideways movement can be expected.
The British Pound (GBP) to Canadian Dollar exchange rate is currently locked in a battle of attrition at current levels. Concerning the forecast, we consider those key levels that must be broken for either GBP or CAD to gain an advantage.
June 12,2014
The Canadian dollar (CAD) fell through the latter half of 2013 but has since found a fresh bout of strength thus far in 2014 ensuring losses are contained.
June 11,2014
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