The Canadian Dollar has been the best performing currency over the last 24-hours but short-term strength belies longer-term risks, particularly from volatile trade relations with America.
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The Pound-to-Canadian Dollar must be causing traders a headache as it has changed direction once again.
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Some strategists say the Canadian economy has stalled and so the Bank of Canada will slow the pace of policy normalisation. But the JPMorgan team argues such concerns are overblown and the BoC will…
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The Pound-to-Canadian Dollar is likely to extend lower as the outlook favours more Canadian Dollar strength on the horizon, due to recent data proving relatively strong.
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Sterling sold off almost half a percent against the Canadian Dollar (Loonie) on Thursday morning after a variety of factors and news reports undermiend confidence in the currency.
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The Canadian Dollar might be at risk in the short-term from an aerospace trade dispute blow-up but longer-term it is seen as unlikely to weaken, as the US will probably find it harder-than-expected…
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The Pound is expected to weaken further against the Canadian Dollar as bears chase a technical sell-off brought on by Sterling weakness, says research from Canadian lender Scotiabank.
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