The Pound and Canadian Dollar are trading a tight range however with a big week for Brexit looming and growing concerns over Canada's housing market, volatility could increase of the near-term.
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The Canadian Dollar strengthened rapidly Friday after November's labour market report showed the economy creating jobs at a rapid clip, enough to push the unemployment rate to a record low.
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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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