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
The Canadian dollar (CAD) is being held in tight range in the FX markets as nervous traders hold tight ahead of today's Bank of Canada decision which will dominate the near-term outlook for the Canadian dollar.
March 10,2014
Canadian dollar exchange rates (AUD) are today fighting back after a respite to the relentless selling pressure seen so far in 2014 is offered by a better-than-expected economic reading.
March 10,2014
Canadian dollar exchange rates (CAD) are today to be found on a firmer footing as a longer-term sell-off is reversed. The forecast does however not favour the CAD and event-risk will be elevated this week.
March 10,2014
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