14 May 2024 Canadian Dollar Forecast Profile Lowered at Royal Bank of Canada

Royal Bank of Canada says it has once again lowered its forecast profile for the Canadian Dollar.

Read more … →
13 May 2024 GBP/CAD Week Ahead Forecast: Squeezed

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 iโ€ฆ

Read more … →
10 May 2024 Canadian Dollar: The Wrong Kind of Jobs Growth

A jump in part-time jobs is unlikely to sway the Bank of Canada from cutting interest rates in June, say economists.

Read more … →
10 May 2024 "CAD-unfriendly" Budget Will Lead to More Canadian Dollar Depreciation says National Bank

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" fedeโ€ฆ

Read more … →
08 May 2024 Pound-Canadian Dollar: Head and Shoulders Developing

GBP/CAD's near-term technical outlook is "shaping up positively", according to a new analysis.

Read more … →
07 May 2024 GBP/CAD Forecast: Hugging the 50-day MA Ahead of Bank of England

The Pound's near-term setup against the Canadian Dollar is one of consolidation but with an eventual upside bias.

Read more … →
02 May 2024 Canadian Dollar Rallies After Macklem Sets the Record Straight

The Canadian Dollar rose after the Bank of Canada Governor sought to push back against a recent increase in expectations for interest rate cuts.

Read more … →