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The Canadian Dollar has been resilient in the face of a stabilising U.S. rival this week and it remains the best performer in the G10 universe for 2019 but opinion is divided about the outlook for the Loonie, especially now the Federal Reserve (Fed) has began to cut its interest rate.
August 2,2019
The Canadian Dollar rebounded from earlier losses Wednesday after May GDP data left Canada's veneer of economic exceptionalism alive and well deep into the second quarter, reinforcing market expectations the Bank of Canada (BoC) will leave its interest rate unchanged for a while yet.
July 31,2019
The Pound plumbed new depths against the Canadian Dollar for the 2019 year Tuesday but is in danger of falling to what would be its lowest levels since a long time before the Brexit referendum of 206, according to technical analysts at Scotiabank, as Brexit fears escalate further.
July 30,2019
Studies of GBP/CAD suggest the pair may have put in a bottom and be about to reverse trend and rise.
July 28,2019
The Pound-to-Canadian Dollar exchange rate's downtrend is stalling, and there is now a risk the pair could reverse higher, according to technical studies.
July 25,2019
The Pound-to-Canadian-Dollar rate jumped Wednesday as investors lightened up bets against the British currency as the UK following the conclusion of the Conservative Party leadership election but Sterling could win back even more ground previously lost to the Loonie over the coming weeks, according to analysts at Westpac.
July 25,2019
The Canadian Dollar softened against its U.S. counterpart Tuesday but continued to trounce all of its other rivals in the G10 league table, although the Loonie's dominance of the developed world currency universe could soon be questioned if the latest commentary from CIBC Capital Markets is anything to go by.
July 24,2019
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