The Canadian Dollar could become a target for short-sellers over the coming days if markets are right in fearing an imminent escalation of the so-called trade war between the world's two largest ec…
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The Pound vs. Canadian Dollar exchange rate forecast for the coming week: the technicals suggest further gains while the outcome of cross-party Brexit talks and Canadian employment data will provid…
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The Bank of Canada - and markets in general - stand accused of being overly pessimistic about the Canadian economy's prospects by NBC who say an improvement in sentiment over coming months will all…
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The Pound-to-Canadian Dollar rate has hit a strong band of resistance at 1.75 which is capping upside and suggests downside risks are heightened, say Shaun Osborne, an analyst with Scotiabank in To…
Read more … →The Canadian Dollar wobbled while trading on its front foot against many rivals Tuesday after official data revealed a surprise February contraction in the economy, vindicating the Bank of Canada (…
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Despite Sterling opening stronger against the Canadian Dollar, from a technical standpoint the trend in GBP/CAD is now marginally bearish.
Read more … →The Pound-to-Canadian-Dollar rate is condemned to trade within a narrow range over the coming week, according to technical analysts at Scotiabank, although the outlook for the USD/CAD rate appears …
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