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Further gains in CAD seem limited “ Westpac

11:23 31 March /2016 Forex

In opinion of Richard Franulovich, Strategist at Westpac, CAD could see its gains limited in the next weeks.

Key Quotes

œUSD/CAD seems set to test the key 1.2830 support level in coming days as Fed Chair Yellen™s dovish leaning speech continues to reverberate.

œBut, the case for meaningful broad CAD outperformance is weak - crude oil seems to have found a ceiling around $40/bbl while PM Trudeau™s pro growth budget is now priced-in and out of the way.

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GBP: European elections represent potential downside risks – Standard Chartered Sandeep Kanihama

In view of the analysts at Standard Chartered, European elections also represent potential downside risks to the GBP as the euro area’s busy political calendar turns to France’s presidential election (April-May).Key Quotes“Recent polls put independent centre-left candidate Emmanuel

11:00 24 March /2017 Forex