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The Canadian Dollar weakened rapidly Wednesday after the Bank of Canada (BoC) appeared to back away from earlier guidance that it would step up the pace at which it raises interest rates in 2019.
December 6,2018
The Canadian Dollar rose broadly Monday as oil prices recovered from 2018 lows but developments in the domestic market have just dented the growth outlook and could have negative consequences for the currency over the coming months.
December 4,2018
The Pound-to-Canadian Dollar rate continues trading in the middle of a range but will retain a bearish bias in the week ahead.
December 3,2018
The Canadian Dollar was treading water Friday after official data showed the Canadian economy contracting at the end of the third-quarter.
November 30,2018
The Pound-to-Canadian-Dollar rate could be set for fresh declines over coming days because a partial retracement of earlier losses is now acting as an open invitation for investors to swap the British currency for Canada's Loonie, according to Toronto-headquartered Scotiabank.
November 28,2018
Of late GBP/CAD been moving towards the lower end of the range and we see a strong probability of a continuation of that short-term downtrend to the 1.66 range lows in the week ahead.
November 27,2018
The Canadian Dollar saw volatile trading Friday as markets digested October's volley of inflation statistics, which appeared to have done little to support the Bank of Canada's (BoC) ambition to raise interest rates at a faster pace in 2019.
November 23,2018
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