The pound has been in a srong up-trend agains the Canadian Dollar, which has weakened along with the price of oil - is this relationship set to continue or will CAD make a recovery in 2016 as many …
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The Canadian Dollar may be the comeback kid of 2016, whilst the Swiss Franc is expected to see its strength wane, according to analysts at SocGen.
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Investor service Moody’s has turned positive on Canadian Covered Bonds in 2016 as a result of an improved 0utlook for the economy, which could have positive knock-on effects for the CAD. .
Read more … →Currency strategists at HSBC see the Canadian dollar recovering in 2016 on the back of a new programme of fiscal stimulus adopted by the recently elected government.
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Brent crude prices have fallen notably ensuring the Canadian dollar is an under-performer at the start of the week.
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The USD/CAD pair is currently consolidating in an up-trend ahead of major market-moving news tomorrow in the form of U.S Non-Farm Payrolls and then the decision on whether to introduce supply contr…
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It is a busy week for global currencies as central banks take centre stage while a potentially explosive OPEC meeting on Friday makes the CAD a volatile prospect.
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