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Canadian Dollar Forecast Directory - Page #65

A round up of the latest Canadian Dollar forecast news items from the Currency News desk.

Pound to Canadian Dollar Exchange Rate (GBP/CAD) Climbs on Bank of Canada Comments

18 Jul 2013 at 11 AM - Written by David Woodsmith

Sterling enjoyed a storming session in the currency markets yesterday, posting strong gains against all of the other sixteen most-actively traded global currencies. With the exception of the risk-shackled Japanese Yen, the Pound registered its largest gains against the Canadian Dollar. The UK tender climbed across the board thanks to the...

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Foreign Exchange Rate Forecasts For Euro, Pound Sterling, Dollar & Canadian Dollar

8 Jul 2013 at 4 PM - Written by Toni Johnson

The EURO has held up reasonably well so far today, meaning that the GBP EUR exchange rate currently trades at 1.1615. Some poor data from Germany threatened the single currency, but in the end investors were able to put the weaker than anticipated May Trade Balance and Industrial Production figures to the back of their mind and concentrate...

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Euro Exchange Rate Forecast: GBP EUR Could Rise on Eurozone Debt Crisis Talks

1 Jul 2013 at 9 AM - Written by Minesh Chaudhari

All has been relatively quiet on the eurozone debt crisis front since Cyprus managed to agree a painful bailout deal with the EU/IMF/ECB ‘Troika’ during the early part of this year; however if market whispers are to believed, all that may be about to change. Last week’s session saw the perennial thorn in eurozone policymakers’...

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Pound to Australian Dollar & NZD Exchange Rates Gain, GBP/CAD Steady

28 Jun 2013 at 4 PM - Written by Ben Hughes

A generalised ‘risk off’ trading environment during this afternoon’s session has seen the Pound Sterling stage a limited comeback against the commodity Dollars following its midweek losses. The risk shift has seen global stock markets leak support, sending London’s FTSE 100 index down by almost a third of a percentage point so far...

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GBP AUD, GBP NZD & GBP CAD Rates Spiral

25 Jun 2013 at 9 AM - Written by James Fuller

The prevailing mood in the markets since last Wednesday’s US Federal Reserve announcement has been firmly ‘risk-off’. Global investors were paralysed with fear following the US central bank’s revelation that it would be cutting back on the $85bn per month which it currently allocates to its highly controversial asset purchase...

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Foreign Currency Exchange Rate Predictions For EUR GBP USD CAD

24 Jun 2013 at 6 PM - Written by Frank Davies

A strong showing from this morning’s Ifo index of business sentiment survey in Germany wasn’t enough to provide the EURO with any positive momentum on the day. The Pound to euro exchange rate (currency : GBP EUR) moved up to 1.1785 earlier on and with Thursday’s German unemployment data looming large, there remains the possibility of...

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GBP AUD, GBP NZD & GBP ZAR Exchange Rates Tumble, GBP CAD Rate Climbs

21 Jun 2013 at 2 PM - Written by John Cameron

Today’s session provided investors holding Sterling-denominated assets with a sharp reminder that all is far from rosy in Britain’s real economy. A revised set of UK public finance data was released by the Office of National Statistics (ONS) earlier and they proved to be bad news for the Pound Sterling. Britain’s coalition government...

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GBP CAD & GBP USD Exchange Rates Tumble On North American Jobs Data

7 Jun 2013 at 3 PM - Written by Minesh Chaudhari

Market participants’ focus this afternoon was on this month’s edition of the US Non-Farm Payroll data, but in the end it was another North American data release which stole the show. This afternoon brought the publication of May’s Canadian Unemployment data. Market participants had relatively low expectations for the print, with the...

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Forecast For AUD, NZD, CAD & ZAR Is Gloomy As Share Markets Wobble

28 May 2013 at 9 AM - Written by Minesh Chaudhari

‘Sell in May and go away, buy again on St. Ledger Day’ – so goes the tried and tested adage from the equities market. As we enter the final week of May, this time-worn saying has rarely seemed more prescient. Last Thursday’s session saw Tokyo’s Nikkei 225, considered by many analysts to be Asia’s premier share index, give up over...

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CAD rises against USD as Canadian GDP beats expectations

30 Apr 2013 at 3 PM - Written by James Fuller

The Canadian Dollar has hit a two-week high against its US relation after Canadian economic growth beat economist expectations. The ‘Loonie’ has risen by 0.3% against the US Dollar after Statistics Canada reported that the nation’s Gross Domestic Product grew by 0.3% by a month by month basis. A figure that was better than the 0.2%...

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