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The Pound and Canadian Dollars find themselves in similar positions: both currencies have been weighed down of late by the suspicion their respective central banks are going to cut interest rates in June.
May 13,2024
A jump in part-time jobs is unlikely to sway the Bank of Canada from cutting interest rates in June, say economists.
May 10,2024
National Bank of Canada says the Canadian Dollar's trend of depreciation is likely to continue owing to economic weakness in Canada, the prospect of lower interest rates and a "CAD-unfriendly" federal budget.
May 10,2024
GBP/CAD's near-term technical outlook is "shaping up positively", according to a new analysis.
May 8,2024
The Pound's near-term setup against the Canadian Dollar is one of consolidation but with an eventual upside bias.
May 7,2024
The Canadian Dollar rose after the Bank of Canada Governor sought to push back against a recent increase in expectations for interest rate cuts.
May 2,2024
The Canadian Dollar lost ground against the U.S. Dollar, Pound and Euro last month, but a leading international payment specialist says losses won't extend as far as some fear.
May 1,2024
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