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The Canadian Dollar slumped heavily on Tuesday after White House economic advisor Larry Kudlow suggested President Donald Trump is contemplating scrapping the North American Free Trade Agreement in favour of bilateral deals with Canada and Mexico, adding to mounting concerns over the future of the trade pact.
June 5,2018
Crude oil has broken through a key level following supply glut fears, and this is providing a further headwind to the Canadian Dollar.
June 5,2018
From a technical perspective, the Pound-to-Canadian Dollar rate looks to be establishing a floor under its recent run of weakness at around the 1.71 level, from which it is currently bouncing.
June 4,2018
The Canadian Dollar slumped Thursday after President Donald Trump said the US will now levy tariffs on US imports of steel and aluminium from the European Union, Canada and Mexico, placing relations between the North American Free Trade Agreement countries under even further strain.
May 31,2018
The Canadian Dollar rose broadly Wednesday after the Bank of Canada hinted that it is on course for an interest rate rise in July, but strategist commentary on the full policy statement and Canadian economic outlook suggest these gains will prove short-lived.
May 31,2018
The Canadian Dollar is on the cusp of an "appreciable downleg", according to currency strategists at two Canada-headquartered investment banks.
May 29,2018
The week ahead for GBP/CAD, including forecasts, analysts views, technical analysis and outlook for the economic calendar.
May 28,2018
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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.
