06 September 2024 Canadian Dollar: GBP/CAD Strengthens as Job Report Keeps Alive Prospect of 50bp BoC Cut

The Canadian Dollar fell following a below-consensus labour market report that keeps alive the prosepct of the Bank of Canada stepping up the pace of its rate cutting cycle with a 50 basis points c…

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04 September 2024 Canadian Dollar Softer Following Bank of Canada Rate Cut

The Canadian Dollar fell after the Bank of Canada cut interest rates and communicated that it remained committed to further cuts in the coming months.

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02 September 2024 Pound to Canadian Dollar Week Ahead Forecast: Why the Pullback Can Extend

The Pound is undergoing a pullback against the Canadian Dollar, which we think can extend in the coming days.

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30 August 2024 GDP Data Shows Canadian Dollar's Rally Built on Weak Fundamentals

CAD is the best-performing G10 currency on the day it is reported the Canadian economy grew at an annualised rate of 2.1% in Q2, which is above the 1.8% rate expected by the consensus of economists…

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27 August 2024 Pound-Canadian Dollar Week Ahead Forecast: Pulling Back, but 2024 Highs Still on the Cards

There has been some interesting price action in the Pound to Canadian Dollar exchange rate (GBP/CAD) already this week, with the pair breaking down by 0.40% on Monday.

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20 August 2024 Canadian Dollar Slides After Disinflation Trend Continued in July

The Canadian Dollar dropped in value against all its peers after new data showed a continued cooling in Canadian inflation, raising the odds of further Bank of Canada rate cuts in the coming months…

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19 August 2024 GBP/CAD Could Test 1.7750 This Week

The Pound to Canadian Dollar exchange rate has recovered further from its early August lows in recent trade and could have scope to test the 1.7750 level in the week ahead, according to the author’…

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