Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
The Canadian Dollar has underperformed alongside its U.S. counterpart this week in price action that is indicative of an emerging vulnerability in the North American currency complex, one that could help to support the GBP/CAD exchange rate during the weeks and months ahead.
May 26,2022
The Pound to Canadian Dollar exchange rate has lifted tepidly from close to three-year lows and has been aided by a supportive turn in UK government bond yields, although it could struggle to advance much beyond the 1.6150 level this week due to the ongoing resilience of the Loonie.
May 23,2022
The Pound to Canadian Dollar exchange rate has stabilised following a nine percent decline since Russia began its faltering conquest of Ukraine, although it could struggle for momentum upon any recovery above 1.59 in the days ahead due to a resilient Loonie and softer Sterling.
May 16,2022
One of Canada's biggest banks believes a bout of Canadian Dollar strength looms and all that is required to trigger it would be a stabilisation in global equity markets.
May 12,2022
The Canadian Dollar has remained an outperformer thus far in 2022 but its elevation and the factors underlying it are also the green shooting roots of an eventual downfall, according to CIBC Capital Markets, while TD Securities says that upside risks are dominant for USD/CAD in the short-term.
May 11,2022
Bank of America have looked at the data and it would seem selling the Canadian Dollar and Australian Dollar on a Friday is offering consistent returns.
May 10,2022
The Pound to Canadian Dollar rate tumbled to a five year low following last week’s Bank of England (BoE) monetary policy decision but could find a footing above the nearby 1.58 handle this week if the Loonie cedes further ground to the U.S. Dollar in the days ahead.
May 9,2022
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