16 July 2018 Canadian Dollar Rises but Analysts Stay Wary; Prefer to Sell on Rallies

The Canadian Dollar rose against many of its rivals Monday although respite from recent losses is likely to prove short-lived, according to multiple analysts, who are advocating that clients contin…

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15 July 2018 The Pound-to-Canadian Dollar in the Week Ahead: 200-Day Moving Average a Key Battleground

GBP/CAD is still trading in a range above the 200-day MA but is within a broader downtrend and looks vulnerable to further weakness. Brexit machinations will continue to dominate Sterling and infla…

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12 July 2018 Canadian Dollar Outlook Clouds in Wake of Latest Rate Hike but Some Still Eye Recovery

The Canadian Dollar rose Thursday, extending gains notched up on Wednesday in the wake of the Bank of Canada's (BoC) latest interest rate rise, although the BoC's latest statement has done little t…

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11 July 2018 The Canadian Dollar Rises after Bank of Canada Hikes Rates and Sounds the Alarm on White House Trade Policy

The Canadian Dollar rose sharply against its developed world counterparts Wednesday after the Bank of Canada (BoC) raised its interest rate for the fourth time in the last 12 months and signal…

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10 July 2018 Canadian Dollar Primed for "Buy the Rumour, Sell the Fact" Response to BoC Rate Hike say Analysts

The Canadian Dollar rose against a majority of its developed world rivals Tuesday but analysts are increasingly of the view that gains for the currency will be short-lived, as Wednesday's Bank of C…

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09 July 2018 Risk of GBP/CAD Breakdown Increases After Bank of Canada Rate Hike Chances Pass 80%

GBP/CAD at risk of a breakdown due to central bank action, price charts are meanwhile also signalling a bearish bias as Elliot wave pattern points to 1.70s

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09 July 2018 Pound-to-Canadian-Dollar Rate Week Ahead: "Vulnerable to a Break Lower"

The Pound-to-Canadian-Dollar rate rose as the new trading week got underway Monday but the pair looks vulnerable to a break lower during the days ahead.

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