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GBP/CAD in short-term uptrend but could pullback lower having reached resistance at the 50-week Moving Average; however we believe any pull-back lower is expected to be short-lived in nature. The Pound is expected to be influenced by Brexit headlines and Canadian Dollar by inflation data
October 15,2018
The Canadian Dollar appeared to stabilise Thursday amid a rout in financial markets that has forced the U.S. greenback onto its back foot, although analysts at Scotiabank say the outlook for the Loonie has deteriorated of late.
October 12,2018
USD/CAD's broader downtrend should extend over the remainder of the week says Micaella Feldstein, an analyst at Natixis.
October 9,2018
The Pound-to-Canadian-Dollar rate staged a strong rebound to end the week back up above 1.6960 and could continue to rise during the days ahead.
October 8,2018
The Canadian Dollar ceded ground to rivals Friday as markets overlooked a stronger-than-expected jobs number to focus on details in the latest official data that suggest the labour market may have lost some momentum in September.
October 8,2018
The Canadian Dollar will strengthen further over coming months as unease over the nation's future trading relationship with the U.S. dissipates although 2019's general election could scupper the currency's northward push around the middle of next year, according to Toronto-headquartered BMO Capital Markets.
October 3,2018
The Canadian Dollar remains on the front foot and is on course for further gains, according to analysts covering the currency, some of whom have taken losses and walked away from previous bearish bets against the Loonie.
October 2,2018
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