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Canadian Dollar Forecast Directory - Page #70

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

Canadian Dollar And Global Stocks Suffer As Appetite For Risk Evaporates

11 Jun 2012 at 6 PM - Written by Tim Boyer

The euro’s relief rally following this weekend announcement that Spain’s banking sector is set to receive €100bn of emergency funding, proved to be ephemeral. The GBP EUR exchange rate started the week at a significantly lower level that that at which it was trading at the time of last Friday’s close. However, within 14 hours, the...

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Pound To Dollar Exchange Rate Eyes 22-Month Low As ?Risk-Off? Environment Prevails Ahead of NFP Data

1 Jun 2012 at 9 AM - Written by David Woodsmith

In the foreign currency markets, one data release stands head and shoulders above the others – the monthly US Non-Farm Payrolls figure – and today marks the day of publication for the latest edition. Last month’s NFP number came in far below analysts’ expectations, printing at a meagre 115,000. This set the tone for Dollar price...

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Improved Stock Market Performance Spells Good News For Risk-Tethered Canadian Dollar, While Sterling Suffers

22 May 2012 at 6 PM - Written by Ben Hughes

This morning’s UK inflation numbers showed a greater than anticipated drop in the rate of British price rises last month. The annualised CPI data for April showed a marked pullback in inflation from last month’s 3.5% to 3.0% this month, suggesting that the Bank of England may have scope to increase the £325bn which it has already...

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Pound Australian Dollar and Pound New Zealand Dollar Rates Could Dip As China Loosens Monetary Policy

14 May 2012 at 9 AM - Written by John Cameron

Friday’s Asian session saw the release of data which provided further evidence that the Chinese economy is expanding at a slower pace. The annualised Industrial Production figure registered at 9.3%, versus an anticipated 12.2%. This showing was the lowest level that Chinese industrial output had expended by for some three years. Chinese...

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Fear Grips Global Markets As Greek Politicians Countenance A Sovereign Debt Default

9 May 2012 at 9 AM - Written by Tim Boyer

The precarious political situation in Greece informed price action in the currency markets during yesterday’s session, sending the value of the high-yielders and commodity currencies tumbling. Not surprisingly, the euro didn’t fare too well either. To recap, the story so far has seen Greece build up unmanageable debts which it has no...

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Currency Exchange Rate Forecasts For The US Dollar, Pound Sterling, Euro and Canadian Dollar For Today

3 May 2012 at 6 PM - Written by John Cameron

More weak UK house price data this morning had a limited effect on the POUND STERLING – investors have almost totally priced-in the ongoing poor performance of the UK’s housing market. However, a disappointing showing for this morning’s PMI Services survey came as more of a shock, meaning that Sterling heads towards the weekend on a...

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Today?s Currency Exchange Rate Forecasts For The Pound Sterling, US Dollar, Euro and Canadian Dollar

12 Apr 2012 at 6 PM - Written by James Fuller

Poor British trade figures for February held back the POUND STERLING on the currency markets during today’s session. The numbers showed that the UK’s trade gap is widening, suggesting that the domestic manufacturing sector remains dormant. Sterling heads into tomorrow trading with a NEUTRAL TO NEAGTIVE bias. The US DOLLAR has given...

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Currency Rate Forecasts For The Pound Sterling, Euro, US Dollar and Canadian Dollar

22 Mar 2012 at 6 PM - Written by Tim Boyer

Extremely poor UK Retail Sales figures held back the POUND STERLING during today’s session. The shop sales numbers showed a significantly lower monthly growth than analysts had been anticipating, meaning that Sterling heads into tomorrow trading to a NEUTRAL bias. Worryingly weak German PMI survey data, released earlier today, has served...

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Sterling To Euro Exchange Rate In Limbo Ahead Of Today?s BoE Minutes And UK Budget Statement

21 Mar 2012 at 9 AM - Written by John Cameron

The headline rate of UK inflation dropped to its lowest level since the end of 2010, official government figures, released yesterday, showed. The Consumer Prices Index fell to an annualised 3.4% in February, down from January’s monthly figure of 3.6%, suggesting that the Bank of England is managing to rein in the ravaging effects of...

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Daily Currency Predictions For The Canadian Dollar, The US Dollar, The Pound Sterling and The Euro

5 Mar 2012 at 6 PM - Written by Ben Hughes

The POUND STERLING has held its ground while other majors, in particular the high-yielders, made their move during today’s session. This morning’s PMI Services for February sector survey came in below expectations, showing a pronounced dip from January’s number, but this failed to hurt the Pound overly, as investors sit on their hands...

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