canadian dollar toronto skyline

A bullish weekly chart and deteriorating Canadian economic fundamentals are supporting the outlook for the pair.

August 29,2016

canadian dollar 2

The GBP/CAD pair has broken above a key level leading to a more bullish analysis.

August 27,2016

canadian dollar 4

The weekly chart of USD/CAD looks vulnerable to further downside despite fundamentals signalling that the pair may be undervalued.

August 24,2016

canadian dollar toronto skyline

The outlook for the GBP/CAD pair in the week ahead, including technical, fundamental, data releases and analysts’ forecasts and views.

August 23,2016

canadian dollar 3

Sterling showed remarkable resilience versus the Canadian dollar on Thursday despite the latter gaining support from a rally in crude oil, and data still showing a trade surplus in foreign portfolio flows.

August 19,2016

canadian dollar 1

The charts are showing a continued breakdown in the GBP/CAD pair as negative commentary and lacklustre data appear to be casting a shadow over sterling, whilst a stabilization in the price of oil and continued investor appetite for high yielding commodity currencies is helping the Canadian dollar stay strong.

August 12,2016

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