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The Pound to Canadian Dollar exchange rate's technical setup looks supportive of further near-term gains, but much will depend on this week's Macklem speeches as well as the U.S. payroll report.
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A major contribution into the rise with the US dollar in 2022 was a growing interest rate differential between the Fed and other major central banks globally
For consumers outside the US, the dollar surge exacerbated the widespread cost-of-living crisis as imports for essential goods became expensive
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Central on page the rise on the US dollar in 2022 was a growing interest rate differential between the federal funds rate, set from the US Federal Reserve (the Fed) and other major central banks globally.
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In case you have an upcoming reservation with payments scheduled for future dates, like a longer stay, you can change the currency with the scheduled future payments. To carry out this:
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