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 expectatio…
Read more … →Pound makes a tentative recovery against CAD on hopes of a soft Brexit option and bad news on EU-Canadian trade deal.
Read more … →The GBP/CAD pair has stayed in the mid-1.61s following the Bank of Canada (BOC) rate meeting on Wednesday evening.
Read more … →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.
Read more … →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.
Read more … →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.
Read more … →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.
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