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Gold Price Under Massive Selling Pressure After BoC Hike

The gold price dropped in the last trading session, reaching as low as $1,939. The metal has rebounded a little and is trading at $1,945. ....

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Canadian dollar flies on superb jobs report - MarketPulse

Canadian dollar flies on superb jobs report - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

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Canadian dollar eyes job data - MarketPulse

Canadian dollar eyes job data - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

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USD/CAD retreats towards 1.2800 on firmer oil, market consolidation

Having refreshed the multi-day top the previous day, USD/CAD eases to 1.2820 during Monday’s Asian session. In doing so, the Loonie pair buyers take a ....

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Canadian Ivey PMI Beats Forecasts

April 8, 2021 - Written by John Cameron
GBP/CAD Exchange Rate Falls as Outlook for Canadian Economy Improves
The Pound Canadian Dollar (GBP/CAD) exchange rate fell today following a surge in the latest Canadian Ivey PMI data for March, which beat forecasts and rose to 72.9. The pairing is currently fluctuating around CA$1.73.
The Canadian Dollar (CAD) has benefited from the Ivey PMI jumping to a 10-year high as this indicates a rebounding economy.
Analysts at Reuters commented on the data:
‘The seasonally adjusted index rose to 72.9 from 60.0 in February, surpassing analysts’ expectations for 60.5. It was the highest level for the index since March 2011 and the second highest since the PMI was launched in 2000.’ ....

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