The Pound to Canadian Dollar exchange rate remains in the grip of gravity and could be at risk of probing beneath the 1.55 handle afresh in the week ahead if Wednesday’s Bank of Canada (BoC) policy…
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The Canadian Dollar fell sharply from one month highs when stock markets slumped across the globe during the latter half of this week but strategists at TD Securities say it likely has further to f…
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The Pound to Canadian Dollar rate has fallen to new post-referendum lows and could be set to remain under pressure ahead of next week’s UK wage data and Bank of England (BoE) policy decision due to…
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The Canadian Dollar climbed over and above all major currency counterparts barring the U.S. Dollar while clobbering Pound Sterling in the mid-week session after the Bank of Canada (BoC) announced a…
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The Bank of Canada will have scope to raise interest rates by another 50 basis points to 1.0% at their next policy meeting following the release of stronger than expected growth data, which should …
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GBP/CAD buoyed as BoC eschews rate rise but warns of higher borrowing costs ahead.
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"Today’s announcement doesn’t change our forecast for the BoC to begin raising interest rates in April with three hikes in 2022."
Read more →GBP/CAD slump prompts retest of Sept & May lows after BoC abandons tapering, calls time on QE early.
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The Canadian Dollar traded with dampened spirit Wednesday after the Bank of Canada noted international headwinds and virus-related risks to Canada’s economic recovery that leave the Loonie with lit…
Read more →The Pound-to-Canadian Dollar rate recovery appeared to gain traction in the mid-week session after the Bank of Canada tapered its quantitative easing programme (QE) but left disappointed those inve…
Read more →The looming key risk for the Canadian Dollar will be the midweek Bank of Canada policy decision where it is expected another cut to the quantitative easing programme will be announced.
Read more →The Canadian Dollar is tipped to trade consistently below a key level against the U.S. Dollar in the second half of 2021 as the Bank of Canada continues to offer a supportive impulse.
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The Pound-to-Canadian Dollar exchange rate rose further from 2021 lows ahead of the weekend after Bank of Canada Governor Tiff Macklem effectively gave the Loonie a speeding ticket for the pace at …
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The Canadian Dollar surged on Wednesday and in the process pulled GBP/CAD away from the week’s highs after the Bank of Canada (BoC) announced a reduction to its quantitative easing programme and in…
Read more →The Bank of Canada meeting due to be held on Wednesday promises to be one of the more interesting instalments from Canada's monetary authority for some time, given they have an important decision o…
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The Pound-to-Canadian Dollar exchange rate recovered off three-month lows to rise above its breakeven point for 2021 on Monday but with the Loonie poised to enjoy its own period of outperformance i…
Read more →The Canadian Dollar has overthrown Sterling as the best performing major currency of the year but with the Bank of Canada’s (BoC) policy set to evolve in a favourable direction sooner than elsewher…
Read more →The Canadian Dollar gave a cool and calm response to the Bank of Canada (BoC) on Wednesday when it provided few if-any clues about how the world's largest quantitative easing programme will evolve …
Read more →The Canadian Dollar rallied to a three-year high with gusto on Wednesday, weighing on the Pound-to-Canadian Dollar rate in the process, although Sterling's recently-improved outlook has been b…
Read more →The Canadian Dollar remained a laggard among major currencies for the week on Friday even rallying in the latter half when an optimistic Bank of Canada (BoC) left its interest rate unchanged follow…
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