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 … →Oil prices and the Canadian Dollar both rose following the release of data showing lower US stockpiles mid-week.
Read more … →The Canadian Dollar and oil used to go together like the proverbial 'horse and carriage' until the link broke - now it has returned argues Barclays.
Read more … →GBP/CAD is at risk of breaking out of its range and continuing higher in the week ahead.
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