The Canadian Dollar remained on its back foot Thursday after official data revealed a sharp widening of the trade deficit during October and as markets await a crunch decision about production…
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The Canadian Dollar weakened rapidly Wednesday after the Bank of Canada (BoC) appeared to back away from earlier guidance that it would step up the pace at which it raises interest rates in 2019.&n…
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The Canadian Dollar rose broadly Monday as oil prices recovered from 2018 lows but developments in the domestic market have just dented the growth outlook and could have negative consequences for t…
Read more … →The Pound-to-Canadian Dollar rate continues trading in the middle of a range but will retain a bearish bias in the week ahead.
Read more … →The Canadian Dollar was treading water Friday after official data showed the Canadian economy contracting at the end of the third-quarter.
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The Pound-to-Canadian-Dollar rate could be set for fresh declines over coming days because a partial retracement of earlier losses is now acting as an open invitation for investors to swap the Brit…
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Of late GBP/CAD been moving towards the lower end of the range and we see a strong probability of a continuation of that short-term downtrend to the 1.66 range lows in the week ahead.
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