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GBPCAD looks constructive heading into this week's UK budget and Bank of Canada policy decision.
March 4,2024
The Canadian Dollar was boosted across the board by a set of better-than-expected economic growth figures; however, gains will be constrained by the details of the report that showed domestic demand remains in contractionary territory.
February 29,2024
Commerzbank analyst Michael Pfister predicts the Canadian Dollar will appreciate against the U.S. Dollar, Pound and Euro over the coming months.
February 27,2024
GBP/CAD is underpinned by constructive technical conditions and we doubt Thursday's Canadian GDP release will dent the pair's short-term upward progress.
February 26,2024
The Canadian Dollar fell across the board after Canadian inflation numbers for January undershot expectations and raised the odds of a rate cut at the Bank of Canada happening as early as April.
February 20,2024
GBP/CAD is pointed lower but can rebound amidst a broader USD pullback.
February 19,2024
The Pound to Canadian Dollar exchange rate (GBP/CAD) remains well supported on a technical basis, according to a new analysis from a leading Canadian bank.
February 14,2024
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