📈 Exchange Rate Anxiety: Horizon Currency's money transfer specialists are on hand to deal with questions. Send Your Question Now.
📈 Exchange Rate Anxiety: Horizon Currency's money transfer specialists are on hand to deal with questions. Send Your Question Now.
The Canadian Dollar extended its riposte against the U.S. Dollar and many of its G10 rivals Friday after jobs numbers for the month of May surprised on the upside for a second month running, suggesting earlier market pessimism on the Loonie's prospects may have been misplaced.
June 7,2019
The Canadian Dollar was on its front foot against a weakened U.S. greenback Friday amid high hopes that U.S. tariffs on Mexican goods can be avoided, but the final session of the week will be an important one that could ultimatelythrow a lifeline to those who're betting the Loonie will fall to multi-year lows before the year is out.
June 7,2019
The Pound-to-Canadian-Dollar rate is biased to weaken both from a fundamental and technical perspective, according to analysts at Scotiabank, who say the exchange rate is likely to slip beneath the five-month low set in May.
June 6,2019
Further sideways trading in GBP/CAD is possible over coming days but we are on the alert for a bigger move lower owing to the GBP/CAD's decline during May which makes the the medium-term trend (multi-week) a negative one.
June 2,2019
The Canadian Dollar was rescued from close to a 2019 low Friday after official data revealed a sharp pickup in economic growth at the end of the first quarter, although the Loonie still faces headwinds over the coming days and weeks due to White House trade policies.
May 31,2019
The Pound-to-Canadian-Dollar rate saw a moment of respite from previously-relentless selling on Friday, after the fLoonie was humbled by President Donald Trump's plan to impose tariffs on Mexican goods due to a dispute over migration, which is threatening the unratified update of the North American Free Trade Agreement (NAFTA).
May 31,2019
May 29,2019
Page 117 of 208
