GBP/CAD is surging higher at the start of the new week and is forecast to continue.
Read more … →The Canadian Dollar is set to recover lost ground in 2018 if the Canada-US trade relationship avoids a further deterioration, according to the latest forecasts from Lloyds Banking Group, one of the…
Read more … →International trade risks are mounting and the Canadian interest rate outlook has deteriorated, leading analysts to cut their forecasts for the Loonie and warn of further losses to come.
Read more … →Trade tensions mean there are downside risks to expectations of further Canadian interest rate rises as well as the Loonie, which is still close to an eight month low against the greenback.
Read more … →GBP/CAD looks vulnerable to a bearish reversal after the US exempts Canadian steel from punitive tariffs.
Read more … →"This wasn't a very exciting report, but seems more indicative of the underlying trend in the labour market than what had been seen in recent months." - CIBC Capital Markets.
Read more … →“The uncertainty over the future of the North American Free Trade Agreement (NAFTA) has turned out to be a bigger drag on CAD than we originally anticipated."
Read more … →