The Pound to Canadian Dollar exchange rate is likely to pull back to a key support level in the short term, but the multi-week setup remains constructive.
Read more … →The Canadian Dollar fell after it was reported Canadian inflation was softer than markets were expecting in February, opening the door to Bank of Canada rate cuts.
Read more … →GBP/CAD hit its highest level in years just last week, but there has been no follow-through, meaning this could be a pivotal week for the pair.
Read more … →A major Canadian bank predicts more noticeable Canadian Dollar weakness over the coming months as the Bank of Canada confronts the reality that interest rates are too restrictive.
Read more … →GBP/CAD kissed a new two-year high at the start of the new week, but is now pulling back.
Read more … →Canada reported a stronger-than-expected jobs report, but it was insufficient to prevent GBPCAD from hitting a new 6-month high at 1.7314.
Read more … →The Canadian Dollar surged after the Bank of Canada told markets interest rates would not be cut in April.
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