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The median forecast of 36 foreign exchange analysts in the Dec. 2-4 poll predicted the loonie would edge 0.3% higher to 1.4034 per U.S. dollar, or 71.26 U.S. cents, in three months, compared to ...
Strategists are raising their forecasts for the Canadian dollar as commodity prices rise and the domestic economy shows signs of recovery, according to a Reuters poll, with the loonie already ...
The US dollar has rallied significantly on Friday against the Canadian dollar, as there has been a bit of a “risk off” move during the day as tariffs were slapped on the Chinese by the ...
USD/CAD failed to settle above the major resistance level at 1.3420 and pulled back towards the support at 1.3330.
The Philippines has also become the largest source of temporary workers. [8] Filipinos are the third largest minority in Canada, behind Indians and the Chinese. From 2006 to 2011, Tagalog was the fastest-growing language in Canada. [7] [9] [10] As of 2013, there are about 7,500 Canadians in the Philippines. [1]
In addition to the forecasts made available to subscribers, Consensus Economics offers more up to date and detailed forecast data to institutional investors, [3] to corporate planning executives and to governments and international institutions. The history of the forecasts is also licensed for research purposes.
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In a floating exchange rate system, a currency's value goes up (or down) if the demand for it goes up more (or less) than the supply does. In the short run this can happen unpredictably for a variety of reasons, including the balance of trade, speculation, or other factors in the international capital market.