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NZD/CAD Confirms the 0.8692 Support

The New Zealand dollar versus the Canadian Dollar currency pair looks as if it confirmed the weekly support of 0.8692.

CAD/JPY Tries to Stabilize Above 82.71

The Canadian dollar versus the Japanese yen currency pair managed to get even closer to the resistance line that dates back to the beginning of March 2019, and this brings even more possibilities for the bulls.

Canadian Dollar Recovers After Drop Caused by BoC Policy Decision

The Canadian dollar dropped today following the monetary policy decision made by the Bank of Canada. The drop was short-lived, though, and the loonie has erased losses versus most of its major peers by now. The currency even gained on the US dollar, which weakened due to the outlook for interest rate cuts from the Federal Reserve.

Where Will AUD/CAD Go After Breaking Below 0.9100?

The Australian dollar vs. the Canadian dollar considered the direction of the main trend, continuing the downwards move. What could happen next is very interesting.

Canadian Dollar Mixed on Housing Data, Upcoming BOC Decision

The Canadian dollar is mixed against a basket of currencies on Tuesday, driven primarily by housing data that pleased and displeased investors. The loonie is also waiting for the Bank of Canada (BOC)’s decision on interest rates this week that will either mirror its American counterpart or adopt a wait-and-see approach.

Canadian Dollar Forecast for 8-12 July 2019

The Canadian dollar ended the last trading week as the strongest among most-traded currencies despite surprisingly poor employment data. What expects the loonie during the current week? The week will be less eventful than the previous one, with the Bank of Canada monetary policy meeting being the only major event important for the Canadian currency specifically.

Canadian Dollar Firm After Surprising Bad Economic Data

The Canadian dollar was firm today even as domestic macroeconomic data was surprisingly poor. While the loonie fell versus its US counterpart, which itself got boost from positive domestic data, the Canadian currency was firm against other major rivals.

CAD/JPY at an Interesting Possible Obstacle

The Canadian dollar versus the Japanese yen currency pair came back above and confirmed the solid support area of 81.38, and thus fueled the bullish optimism. The question is where will the bulls mark their profits?

Canadian Dollar Gets Boost from Trade Surplus, Crude Oil Prices

The Canadian dollar gained on its most-traded rivals today, gaining help from the positive domestic trade data, which showed an unexpected surplus, and rising prices for crude oil, Canada’s major export commodity.

First Target on NZD/CAD: The 0.8900 Psychological Level

The New Zealand dollar versus the Canadian dollar currency pair did not manage to validate the piercing of the 0.8692 support level, sending the price above it and opening the path to 0.8915.

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