GBP/CAD has had a strong run of late, but last week we saw some selling pressure mount amidst a correction from overbought conditions.
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The Canadian Dollar has endured a widespread selloff against many of its G10 peers in recent days amidst heightened expectations that the Bank of Canada will cut interest rates next month, but sell…
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An under-pressure Canadian Dollar could recover if market expectations for a June interest rate cut at the Bank of Canada fade in favour of the first cut falling in July.
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The Canadian Dollar fell against its G10 peers and was bracing for a new three-year low against the Pound after inflation numbers effectively pulled the trigger on a June interest rate cut.
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The Canadian Dollar forecast for the week ahead shows better prospects for advance against the U.S. Dollar but vulnerabilities against the Pound and Euro.
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Royal Bank of Canada says it has once again lowered its forecast profile for the Canadian Dollar.
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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 i…
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