Risks fairly well balanced for GBP/CAD at start of new trading week with Brexit concession hopes and Trump tariff tweet supporting.
Read more … →The Canadian Dollar rose broadly Friday after official data showed the economy creating new jobs at a rapid clip during July, raising the odds of another Bank of Canada interest rate rise being del…
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The Canadian Dollar is on the cusp of a rebound against its major rivals now momentum within the economy is picking up, according to some analysts, who are arguing that traders should sell the Poun…
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GBP/CAD is now in established downtrend which is forecast to continue but support zone could stall the downtrend; a break below 1.6730 should confirm extension.
Read more … →The Canadian Dollar rose broadly Friday as markets responded to official data showing exports from the country surging during June, bolstering expectations of a solid performance from the economy i…
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Citibank analysis leads it to advocate selling CAD versus the US Dollar "on retracements".
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The Canadian Dollar reversed earlier losses and marched higher Tuesday after official data showed economic growth picking up much faster than was expected during May, prompting some analysts to loo…
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