“There appear ample reason for central bankers to remain on the sidelines. As a result, we're sticking to our call that the BoC only hikes interest rates once more in 2018."
Read more … →
“We still like GBP/AUD upside as a medium-term monetary policy divergence view but we think GBP/CAD over the next few weeks could be the better trade.” - Nomura
Read more … →
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 … → “We 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 y…
Read more … →