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Canadian Dollar Seeks Opportunities For Growth
Thursday, March 14, 2024 - 9:31am | 532Read More...By RoboForex Analytical Department The USD/CAD pair remains within a sideways range, with the Canadian dollar occasionally showing a tendency to strengthen. Recent DES data revealed that Canadian households have become more affluent. In Q4 2023, their "net" worth increased by 1.8%, or 300...
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Bottom Fishing Opportunity: CAD/CNH Pair Signals Potential Rebound
Friday, July 21, 2023 - 4:21am | 182Read More...Amidst China’s prolonged economic slump due to the impact of COVID-19, the offshore Yuan (CNH) has experienced significant depreciation against the Canadian Dollar (CAD), creating an enticing bottom-fishing opportunity for investors and traders. From a technical perspective, the pair has...
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EUR/CAD Signals Bearish Trend As Euro Faces Economic Pressure
Friday, July 21, 2023 - 4:07am | 194Read More...The EUR/CAD pair is displaying a compelling technical setup, with a 78.6% retracement and lower highs combined with pivot point resistance providing triple confirmation of an impending depreciation of the Euro against the Canadian Dollar. The European Central Bank (ECB) is currently grappling with...
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CAD Inflation Data: Following The US Trend With Potential Slowdown!
Monday, July 17, 2023 - 11:51pm | 370Read More...Canadian inflation data is scheduled to be released tomorrow morning EST, and analysts widely anticipate it to reflect slowing inflation. The prior month’s report indicated that Canada’s annual inflation rate dropped to 3.4% in May 2023, compared to 4.4% in the previous month, marking...
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USD/CAD Forecast: After CAD Climbed With Crude, The BOC Is Eyed
Friday, January 4, 2019 - 12:31pm | 1165Read More...The loonie suffered from stocks but recovered with oil prices The BOC decision is the main event in the first full week of 2019. The technical picture is still bullish for the pair but experts are bearish on all timeframes. This was the week: Oil jitters and stuttering stocks Oil prices made a...
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Autodesk Gains 4% On Tuesday Following New Agreement With Siemens
Tuesday, March 1, 2016 - 2:12pm | 320Read More...Shares of Autodesk, Inc. (NASDAQ: ADSK) were trading higher by 4 percent on Tuesday after the company announced it has entered into a new agreement with Siemens AG (ADR) (OTC: SIEGY). As part of the agreement, Autodesk and Siemens will combine their computer-aided design (CAD) software with the...
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A Nice Way To Profit From The Decline In The Canadian Dollar
Thursday, December 31, 2015 - 9:34am | 385Read More...After peeking in late 2007, the Canadian Dollar lost more than 25 percent in less than a year-and-a-half. However, the currency managed to recuperate, and its price remained considerably high between late 2009 and late 2013. Over 2014 and 2015, the notes once again plummeted. Over the past year,...
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Meet The Disruptors Of The Design Software Industry
Thursday, September 24, 2015 - 5:28pm | 879Read More...Gal Munda of Berenberg argued in a note that "disruptions" within computer-aided design (CAD) and product lifecycle management (PLM) software are already underway. Munda added that "disruptive" companies offer a "real alternative" to legacy PDM and CAD systems. Munda also noted that the barriers...
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USD/CAD Multi-Year Highs
Friday, July 24, 2015 - 1:48pm | 61Read More...USD/CAD is trading at 1.3069, up 0.0049. The pair is trading choppy at multi-year highs and just under the highs of the session. The gains have eroded a little. Statistics Canada is scheduled to release June PPI data on Tuesday at 08:30 a.m. ET. Market chatter about the U.S. Federal Reserve...
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USD/CAD Higher
Tuesday, March 10, 2015 - 4:18pm | 42Read More...USD/CAD moved higher Tuesday during late U.S. trading. The pair is trading at 1.2685, up 0.0065. USD/CAD has been supported by broad U.S. dollar strength. Market talk about next week's FOMC meeting and weak crude oil has brought in buyers.
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Forex - USD/CAD Turns Lower as Weak Data Weighs on Greenback
Monday, August 15, 2011 - 9:56am | 436Read More...Forexpros – The U.S. dollar erased gains against its Canadian counterpart on Monday, retreating from a daily high after downbeat data on manufacturing activity in the New York region and a report showing foreigners were net sellers of U.S. assets in June weighed on the greenback. USD/CAD pulled...
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Top 5 Graphs: Are inflation risks rising in developed economies?
Friday, April 23, 2010 - 5:03pm | 1421Read More...Are upside inflation risks rising in developed economies? That's one question we look at in this week's edition. First up is a synopsis of the UK GDP figures, then a look at rising British inflation, the Bank of Canada decision and inflation rate, the surge in US producer prices, and a look at New...
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Top 5 Graphs: Are inflation risks rising in developed economies?
Friday, April 23, 2010 - 5:03pm | 1421Read More...Are upside inflation risks rising in developed economies? That's one question we look at in this week's edition. First up is a synopsis of the UK GDP figures, then a look at rising British inflation, the Bank of Canada decision and inflation rate, the surge in US producer prices, and a look at New...
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Forexpros Daily Analysis Jan 11, 2009
Monday, January 11, 2010 - 6:58am | 157Read More...Fundamental Analysis: Trade Balance The Trade Balance index will be published tomorrow (Jan 12) in the US, Britain and Canada. The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports). This is the largest component of a country’s balance...
