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11 hours ago · rate cuts could cause canadian dollar to decline 2024-06-11 - barbara shecter unless there was some other factor at play — such as strong commodity prices, or a broadly weak u.s. dollar — an interest. rate gap of more than 100 basis points would likely put some. serious downward pressure on the loonie. — doug porter, bmo
11 hours ago · USD to CAD forecast at the end of the month 1.421, change for April 0.5%. USD to CAD forecast for May 2025. In the beginning rate at 1.421 Canadian Dollars. High exchange rate 1.477 and low 1.421. The average for the month 1.444. USD to CAD forecast at the end of the month 1.455, change for May 2.4%.
11 hours ago · The day range on the loonie was 72.57 US cents to 72.70 US cents in the early premarket period. The Canadian dollar was down about 0.87 per cent against the greenback over the past month.
1 hour ago · By Christopher Lewis of DailyForex. Tuesday, June 11, 2024 5:55 AM EDT. The US dollar has risen again during the Monday session against the Canadian dollar as we continue to see a lot of upward pressure in general. This does make a certain amount of sense considering that the jobs number in the United States was hotter than anticipated.
11 hours ago · USD/CAD Forecast June 11, 2024. Watch on. The US dollar has risen again during the Monday session against the Canadian dollar as we continue to see a lot of upward pressure in general. This does make a certain amount of sense considering that the jobs number in the United States was hotter than anticipated. And I do think that continues to be a ...
3 hours ago · On Loonie’s front, the decline in the crude Oil prices put pressure on the commodity-linked Canadian Dollar (CAD), given the fact that Canada is the largest Oil exporter to the United States (US ...
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11 hours ago · According to the CME FedWatch Tool, the likelihood of a Fed rate cut in September by at least 25 basis points has decreased to nearly 49.0%, down from 59.5% a week earlier.On Loonie’s front, the decline in the crude Oil prices put pressure on the commodity-linked Canadian Dollar (CAD), given the fact that Canada is the largest Oil exporter to ...
