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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The Canadian Dollar saw volatile trading Friday as markets digested October's volley of inflation statistics, which appeared to have done little to support the Bank of Canada's (BoC) ambition to ra…
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The Canadian Dollar outlook has darkened this week after a spectacular collapse in global oil prices, leading analysts at Toronto-headquartered CIBC Capital Markets to cut their year-end …
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The Canadian Dollar is likely to rise steadily against its U.S. rival over the coming quarters, according to analysts at Goldman Sachs, who say buying the Loonie is one of their best investmen…
Read more … →Sterling starts the new week on a firmer footing against the Canadian Dollar at the start of the new week with 1 GBP buying 1.6933 CAD amidst a broader pickup in Sterling exchange rates. Our techni…
Read more … →The Canadian Dollar outlook clouded again over this week after an influential U.S. lawmaker said changes must be made to the new U.S.-Mexico-Canada Agreement before it will pass through the House o…
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