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Inflation data in the UK and Canada are likely to be the main drivers of the currencies this week.
November 15,2016
The Pound to Canadian Dollar looks to extend recent gains but we are wary of anything to do with CAD this week owing to the US presidential election.
November 8,2016
From a current level of 1.6395, the Pound to Canadian Dollar is expected to recover during 2017 and end the year at 1.8400, due to a defensive Bank of England.
November 2,2016
The Canadian Dollar benefits from a more robust central bank outlook whilst the Pound looks the more vulnerable as a result of Brexit uncertainty.
November 1,2016
A heightened chance of the BOC cutting interest rates or introducing QE is expected to strengthen the pair when combined with a stronger outlook for the Dollar based on firming rate hike expectations.
October 27,2016
Pound makes a tentative recovery against CAD on hopes of a soft Brexit option and bad news on EU-Canadian trade deal.
October 25,2016
The GBP/CAD pair has stayed in the mid-1.61s following the Bank of Canada (BOC) rate meeting on Wednesday evening.
October 21,2016
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