GBPCAD »

  • JFD Brokers UUIIFXBR

    Sterling is pushing higher this morning against the Canadian dollar, following the huge sell-off seen in the pair the last couple of days. The pound surrendered its last week’s gains against the Canadian dollar, having found strong resistance at the key level of 1.9150, which includes the short-term descending trend line, which dates back to

  • Jarratt Davis

    Click here to learn how to use my trade calls!     Originally updated: 07:00 Trading Bias: LONG Currency pair: GBPCAD Current Sentiment: Bullish In today’s trading session we will be focussing on buying opportunities on the GBP/CAD. Fundamentals: With little…

    The post Trading Outlook – GBPCAD appeared first on Jarratt Davis.

  • Jarratt Davis

    Click here to learn how to use my trade calls!     Originally updated: 06:54 Trading Bias: LONG Currency pair: GBPCAD Current Sentiment: Bullish In today’s trading session we will be focussing on buying opportunities on the GBP/CAD. Fundamentals: Buying opportunities…

    The post Trading Outlook – GBPCAD appeared first on Jarratt Davis.

  • Jarratt Davis

      This week’s “high impact” news event that I will be looking to trade is as follows; Thursday 12th February 2015 GBP – BoE Inflation Report, BoE Inflation letter & BoE Gov Carney Speaks – 10:30am The inflation letter has to…

    The post Forex News Trading Events For The Week of February 9th – 13th appeared first on Jarratt Davis.

  • H.S. Borji

    The Canadian dollar declined against its US counterpart Friday, as investors overlooked strong employment data following a timid business outlook from the Bank of Canada. The USDCAD advanced 0.16 percent to 1.1204. The pair had erased its earlier gains after Statistics Canada posted strong employment numbers. The USDCAD is likely to find support at 1.112,

  • H.S. Borji

    The Canadian dollar fell to a nearly two-week low on Monday, as last week’s disappointing jobs report overshadowed a surprise surge in July building permits. The loonie, as the Canadian currency is called, plunged 0.80 percent to 0.9114, erasing early-month gains that resulted from a high-profile corporate merger involving Tim Hortons, as well as a

  • H.S. Borji

    The Canadian dollar advanced for a fourth consecutive day against its US counterpart, as stronger than forecast GDP boosted optimism Canada was emerging from a prolonged period of slow growth. The loonie, as the Canadian currency is known, touched an intraday high of 0.9230 US on Friday. It would subsequently consolidate at 0.9221 US, advancing

  • H.S. Borji

    The Canadian dollar rebounded for a second consecutive day against its US counterpart following news Burger King (NYSE:BKW) had acquired Tim Hortons (NYSE:THI) , Canada’s favourite coffee chain. American fast-food giant Burger King on Tuesday confirmed it will purchase Canadian coffee powerhouse Tim Hortons in a deal that would take Canada’s pioneer coffee brand international. The

  • H.S. Borji

    The Canadian dollar approached 92 US cents Thursday, but failed to generate additional momentum ahead of a revised jobs report from the government’s statistics agency on Friday. The loonie, as the Canadian currency is called, rose to an intraday high of 0.9187 US in the morning trade. The loonie consolidated at 0.9171 US, advancing 0.1

  • H.S. Borji

    The Canadian dollar edged higher against its US counterpart Monday, but the rebound is expected to be short-lived as weak fundamentals and escalating geopolitical tensions continue to weigh on the currency. The loonie, as Canada’s currency is known, advanced 0.19 percent to 0.9131 US. The USDCAD pair declined 0.19 percent to 1.0952. Initial support is

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