A high-probability continuation pattern signals bias to expecting more upside in the week to come.
Read more … →Traders continued selling the Canadian Dollar after the release of Q4 GDP undershot expectations on Friday.
Read more … →Prepare for a possible 'sell the rumour buy the fact' reaction from CAD ahead of Friday's Q4 GDP release.
Read more … → After breaking higher GBP/CAD inches closer to key May highs at 1.7840.
Read more … → โWe are comfortably cautious on CAD and reckon the market has been unjustifiably overlooking a turn gear lower in the Canadian economy; one that will keep the BoC sidelined until later this yโฆ
Read more … →Traders were expecting the Bank of Canada to raise interest rates by 25 basis points again before July but Thursdayโs data has probably dented this expectation, with implications for the Loonie.
Read more … →More upside is expected from GBP/CAD as a persuasive chart pattern looks to be forming which heralds more upside for the pair.
Read more … →