A volatile cocktail of bullish bottoming chart pattern and key Bank of Canada (BOC) rate meeting next week could lead to some big moves for the Pound-to-Canadian Dollar we believe.
Read more … →Underlying inflation pressures are still "missing in action", leading to a steady core-CPI number, while a fall in takings at food and beverage stores drove the decline in retail sales.
Read more … →The Canadian Dollar was seen lower after a key survey of Canadian economic strength suggests activity might have peaked.
Read more … →The starts the new week buying 1.6581 Canadian Dollars on the spot at the time of writing, having opened the week at C$1.6580 thanks to the decent 1.18% gain made in the previous week.
Read more … →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.
Read more … →The Pound-to-Canadian Dollar must be causing traders a headache as it has changed direction once again.
Read more … →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 willโฆ
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