GBP/CAD looked likely to continue falling at the start of the week but a combination of technical signals and a bearish fundamental outlook for CAD suggests more upside on the horizon.
Read more … →GBP/CAD is showing a downside bias although major hurdle is preventing follow-through.
Read more … →Forecasts show Sterling weakening to 1.55 at the start of 2017 before rebounding to 1.63 at the end of 2017.
Read more … →The main driver for CAD in the week ahead will be oil prices rather than yield differentials, says Stephen Gallo of BMO Capital Markets.
Read more … →The GBP/CAD could rise this week due to a potentially dovish Central Bank commentary, and increasing Pound strength on soft Brexit hopes.
Read more … →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.
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