The Canadian Dollar has been the strongest G10 currency versus the US Dollar in 2017 and major currency portfolio holders Westpac are continuing to bet on its rise.
Read more … →The Canadian Dollar will mainly be impacted by the Canadian Central Bank meeting in the week ahead, whilst the Pound will take its cue from the politics of Brexit; the charts are signalling a turna…
Read more … →Friday’s data comes amid increased uncertainty for the Canadian economy and the Dollar. Higher rates, slower growth and NAFTA risk are all in focus.
Read more … →The Canadian Dollar has always been characterised by its strong relationship with the price of oil and as third-quarter trade data is released we investigate the latest twist and turn of the relati…
Read more … →Expectations for further BoC rate hikes may be too optimistic and investors could be underestimating challenges posed to the economy by higher interest rates.
Read more … →The Canadian Dollar will probably take its cue from GDP and labour market data in the coming week, whilst The Pound will move according to Brexit negotiations - the charts remain marginally bullish…
Read more … →A succesful renegotiation is still seen as most likely but break-up risk will increase once beyond March 2018, raising the threat level for the Canadian Dollar.
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