The Canadian Dollar is under pressure against all its G10 rivals amidst a selloff in oil and commodities.
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The Pound has once again failed at a key resistance area against the Canadian Dollar, and we predict a pullback in the coming week.
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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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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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The Pound is undergoing a pullback against the Canadian Dollar, which we think can extend in the coming days.
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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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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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