Tag: Canadian dollar

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BoC Expected to Lower Benchmark Interest Rate to 4.5% – Expert Analysis

According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada...
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USD/CAD Forecast: Daily Analysis and Updates – Action Forex

The USD/CAD pair has shown some interesting movements recently, with a break of the 1.3652 resistance level indicating a possible short-term bottom at 1.3588....
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USD/CAD Price Outlook: Analysis Before US CPI Release

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada...
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USD/CAD Forecast: Price Approaching Lower Range Bound – Action Forex

USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum...
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USD/CAD Decline: Exploring Bearish Potential – Action Forex

USD/CAD has experienced a recent decline after facing resistance at the 1.3750 level. The pair broke below a significant bullish trend line with support...
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USD/CAD Unchanged Post Canadian GDP and US PCE Data Release

USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian...
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USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release

The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
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Canadian Dollar Rises to High End in Quiet Monday Trading

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
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USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing

The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted...

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