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The Canadian Dollar could be at risk of falling against the Pound Sterling over the near-term.
June 16,2017
The Pound to Canadian Dollar has declined steeply from highs of 1.78 in May to the current level in the 1.68s, however, now it has paused to consolidate before its next move.
June 15,2017
Despite making gains across the board, the British Pound has struggled against the Canadian Dollar which was boosted by a shift in tone at the Bank of Canada.
June 13,2017
The Pound to Canadian Dollar sold off steeply after an inconclusive election result weighed on the Pound.
June 12,2017
The Pound to Canadian Dollar fell over 2.3% overnight after the UK election returned a politically unstable hung parliament.
June 9,2017
The Canadian Dollar slipped in the wake of a dramatic slump in global oil prices.
June 7,2017
The balance of risks favour more upside for GBP/CAD as the falling price of oil weighs on CAD, and the UK elections on Thursday favour a conservative win.
June 5,2017
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