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 … →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.
Read more … →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.
Read more … →The Canadian Dollar benefits from a more robust central bank outlook whilst the Pound looks the more vulnerable as a result of Brexit uncertainty.
Read more … →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 expectatioโฆ
Read more … →Pound makes a tentative recovery against CAD on hopes of a soft Brexit option and bad news on EU-Canadian trade deal.
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