The 171st OPEC Meeting is Underway in Vienna; Current Feedback Suggests a Deal Has Already Been Brokered and Conversations are Now About Logistics; GBP/CAD is Technically Vulnerable to a Breakdown.โฆ
Read more … →The Canadian Dollar is likely to rise versus the pound after Wednesdayโs OPEC meeting when the oil exporting cartel will probably seal a supply deal.
Read more … →GBP/CAD is likely to be driven by whether oil producers agree a supply cap at their meeting on Wednesday.
Read more … →The Pound to Canadian Dollar is leaning on support from a major trendline after pulling back from its 1.7100 highs. Will the Exchange hold and recover; or will it break down?
Read more … →The intact uptrend and bearish outlook, particularly for the Canadian Dollar, favours a recovery over the coming five days, although technicals are weakening.
Read more … →After rallying strongly GBP/CAD has pulled back to the 50-Day Moving Average, as it regroups and consolidates.
Read more … →Inflation data in the UK and Canada are likely to be the main drivers of the currencies this week.
Read more … →