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Canadian dollar seen stronger but break of 1.20 to remain elusive: Reuters poll

Canadian dollar seen stronger but break of 1.20 to remain elusive: Reuters poll Reuters 10 hrs ago By Fergal Smith © Reuters/Mark Blinch FILE PHOTO: FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto By Fergal Smith TORONTO (Reuters) - Canadas dollar will strengthen over the coming year, bolstered by higher oil prices and reduced stimulus from the Bank of Canada, but gains could stop short of the c...
United States Swathi Nair Chizu Nomiyama Fergal Smith Bipan Rai Sujith Pai
Source: msn.com

Canadian dollar seen stronger but break of 1.20 to remain elusive

Fergal Smith 3 minute read A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo Summary reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=CAD= poll data TORONTO, July 1 (Reuters) - Canadas dollar will strengthen over the coming year, bolstered by higher oil prices and reduced stimulus from the Bank of Canada, but gains could stop short of the currencys recent six-y...
United States Swathi Nair Chizu Nomiyama Fergal Smith Bipan Rai Sujith Pai

POLL-Canadian dollar forecasts grow more bullish as economy strengthens

3 Min Read TORONTO, April 1 (Reuters) - Analysts have raised their Canadian dollar forecasts for the coming year, expecting the currency to benefit from faster growth in the domestic economy and a potential reduction by the Bank of Canada of its bond purchases, a Reuters poll showed. The loonie advanced 1.4% against the U.S. dollar in the first quarter, its fourth straight quarterly gain and the best performance among the G10 currencies. The median forecast of more than 30 strategists was for t...
New York United States Manjul Paul Fergal Smith Hendrix Vachon Mumal Rathore

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