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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
The Canadian dollar usually has a Siamese closeness to oil, but this has broken down recently due to the forces pushing black gold higher, argues CIMC’s Avery Shenfield.
October 19,2016
CAD potentially lifted by oil may dig flash crash depths whilst analysts argue about whether all the Brexit bad news has now been absorbed by sterling.
October 18,2016
The GBP/CAD pair pushed lower at the start of the week after a deal between Russia and OPEC to raise prices by cutting the supply of oil led to a rebound in CAD.
October 14,2016
Although the Canadian dollar has received a boost from strong employment data the pound is technically looking like it may have bottomed despite continued shaky fundamentals.
October 11,2016
The GBP/CAD pair has experienced more downside on worsening Brexit fears, and the more volatile GBP counterpart is likely to continue setting the tone in the second part of the week.
October 7,2016
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