Canada's economy has shown signs of slowing in recent months but domestic and international developments could mean it faces further headwinds in 2018.
Read more … →The Pound-to-Canadian Dollar is presenting with a mixed chart and a thin week of economic events - however, potential for CAD weakness keeps bullish hopes alive.
Read more … →The marketโs large net-long position in the Canadian Dollar, combined a step-change at the BoC, is a perfect recipe for a steep correction in the Canadian Dollar according to strategists.
Read more … →Multiple bullish signals adorn the chart of the Pound-to-Canadian Dollar, which combined with a probable interest rate rise in the UK suggests more upside for the pair.
Read more … →The Bank of Canada has entered the go-slow lane, and kicked the Canadian Dollar for its strength, which means a record net-long position may be at risk of unwinding.
Read more … →Traders had amassed the largest net-long position seen in the Canadian Dollar since 2012 during recent months but these may now begin to unwind following Wednesday's BoC statement.
Read more … →The last six months saw traders amass their largest net-long position in the Canadian Dollar since 2012 but this is now at risk from softening economic data, a go-slow Bank of Canada and a breakdowโฆ
Read more … →