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The Canadian dollar (CAD) continues to find favour as markets appear to be tired of selling the unit for now. That said, the outlook is still poor for the Canadian dollar, and losses could soon return.
March 10,2014
The Canadian dollar (CAD) has continued to march to its own beat and ignored issues concerning Emerging Markets. The forecast is however biased to further CAD declines.
March 10,2014
It seems like another day of vulnerability for the Canadian Dollar (CAD) as sterling rebounds on the back of UK data and directs the GBP/CAD rate towards 1.85.
March 10,2014
The recovery in the Canadian dollar continues apace on Monday, the outlook does however suggest the CAD will face challenging conditions.
March 10,2014
The Canadian dollar (CAD) is enjoying a strong comeback as dynamics in global FX change; we are seeing heavy selling on global equities and this has afforded some squaring of the negative CAD positioning we have seen.
March 10,2014
The Canadian dollar took off 'like a scolded cat' in the aftermath of the BoC policy announcement yesterday and opens about 2 big figures lower against the US dollar this morning relative to yesterday’s open.
March 10,2014
March 10,2014
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.
