The GBP/CAD exchange rate reflects two currencies caught in a war of attrition, whereas other Sterling-based pairs are showing clear biases towards further gains.
Read more … →The Canadian Dollar was dealt a crushing blow Friday by official data that showed the economy contracting into year-end, as multiple headwinds stymied activity, vindicating the Bank of Canada for h…
Read more … →The Canadian Dollar ceded its crown as the best performing G10 currency of 2019 to Sterling on Thursday after the Pound-to-Canadian-Dollar rate hit a six month high, meaning the British currency ha…
Read more … →The Canadian Dollar extended gains over rivals Wednesday after official data showed inflation pressures remaining elevated early in the New Year, which if sustained could be enough to draw the Bank…
Read more … →The Canadian Dollar was weaker Tuesday after President Donald Trump lashed out at the Organization of Petroleum Exporting Countries (OPEC) over its manipulation of oil prices, sending crude benchma…
Read more … →The Pound-to-Canadian Dollar rate was trading at 1.7145 Monday after rising more than 0.5% last week, but the days ahead are likely to see the pair remain within its established multi-month range p…
Read more … → The Canadian Dollar extended gains in a market that was already supportive of risk assets Friday after retail sales data for the month of December showed households weathering a global econom…
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