GBP/CAD's down-trend resumed on Wednesday after the Bank of Canada left rates unchanged leading helping the Canadian Dollar to strengthen
Read more … →โWe continue to look for a higher USD CAD into the close of the year, albeit have moderated our year-end target back to 1.35.โ - Jeremy Stretch at CIBC Markets.
Read more … →The exchange rate looks to be poised to extend its trend lower, targeting 1.7000 initially
Read more … →Can the USD/CAD break above 1.31, is GBP/CAD likely to go even lower after plumbing the depths post Brexit, and is EUR/CAD ready for a bullish surprise comeback?
Read more … →A break below key lows in the 1.75s following Brexit has led to the formation of an ominous looking top for the pair.
Read more … →Down-trend is broadly expected to resume, although Canadian Retail Sales may surprise to upside stalking the loonie's decline.
Read more … →The GBP to CAD exchange rate is looking increasingly confident but we do warn that a period of consolidation could be on the cards.
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