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Author Archives: CAD Editor

USD/CAD not in a hurry to go anywhere

Post-BOC hike sees the pair trade sideways, and two days later it looks like there’s really no hurry for it to break out of this week’s 1.2400 – 1.2500 comfort zone. The BOC has set the tone that NAFTA talks ...

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USD/CAD trading well below fair value estimates – Scotiabank

Analysts at Scotiabank explained that the BoC’s neutral hike was delivered as policymakers struck a balanced tone. “…acknowledging the ongoing improvement in data while highlighting concerns surrounding NAFTA and uncertainties relating to potential … Read Full Story at source (may ...

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Bullish GBP/CAD

The Bank of Canada raised interest rates by 0.25% to 1.25% on Wednesday on the back of ultra-low unemployment – the lowest level in over 50 years – and a buoyant economy. The central bank’s governor Stephen Poloz however warned ...

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Canada Minimum Hourly Wages in Ontario

Minimum Wages in Canada increased to 14 CAD/Hour in 2018 from 11.40 CAD/Hour in 2017. Minimum Wages in Canada averaged 5.73 CAD/Hour from 1965 until 2018, reaching an all time high of 14 CAD/Hour in 2018 and a record low ...

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USD/CAD Bounce Maintained

USD/CAD remains weak as long as prices remain below the key resistance at 1.2589 (01/01/2018 high). Supports of 1.2403 (15/01/2018) is slightly distanced. Another resistance is given at 1.2624 (05/12/2017), whereas a strong support lies at 1.2356 (05/01/2018). Read Full ...

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