The Canadian Dollar has been oversold against the US Dollar during recent days and could be due a corrective rebound, according to strategists following the currency, although a key deadline for a …
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1 Pound buys 1.7935 Canadian Dollars on the open market at the time of writing, an improvement on 1.7867, where the exchange rate started the week.
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The Canadian Dollar rose Tuesday as markets bid risk currencies higher while also responding to an upbeat assessment of the economy by Bank of Canada governor Stephen Poloz.
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GBP/CAD is faltering at the start of the new trading week as UK growth remains in doubt and this increasingly contrasts with an outlook which suggests Canada still has untapped potential.
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The Canadian Dollar fell against its developed world rivals during the noon session Wednesday as markets responded to a decision by the Bank of Canada to leave its interest rate unchanged in April.…
Read more … →The Canadian Dollar saw a mixed performance at the start of the new week as markets shrugged off geopolitical events from the weekend, which saw oil prices fall Monday, while traders positioned for…
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The Canadian Dollar has had the better of the Pound recently, but we note momentum does ultimately reside with the UK currency longer-term. We eye the Bank of Canada mid-week and a slew of UK econo…
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