The highlights of the week ahead are the conclusion of trade talks between the US and Canada and the UK Autumn Budget, whilst the charts are showing a tentative uptrend advancing higher.
Read more … →
A breakup of the NAFTA block could see the USD/CAD rate go past 1.3225 which, in turn, which could help push Pound-to-Canadian-Dollar much higher.
Read more … →
Broader financial markets have shrugged off the oil price rise a temporary phenomenom, the Canadian economy is slowing and the BoC has turned dovish.
Read more … →
The Pound-to-Canadian Dollar has corrected back recently but analysts think this may just be a temporary pull-back before the pair resumes its short-term uptrend.
Read more … →
The fading effect of the Trudeau government's programme of public works and generous spending is set to dampen inflation and impact negatively on the currency.
Read more … →
A presumption that the breakdown in correlation between the Loonie and oil prices will continue could prove misplaced, particularly if crude continues to surge over the coming weeks.
Read more … →The BoC has so-far been vindicated for its increasingly cautious tone but, with oil prices up 6% over the last week, strategists say the Loonie is due some recognition.
Read more … →