22 June 2023 Resilient Canadian Dollar and Softening Sterling Weigh on GBP/CAD

The Canadian Dollar was mostly stronger in a resilient showing from the Loonie heading into the latter half of the week while Sterling was weaker in many parts ahead of a widely anticipated Bank of…

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19 June 2023 GBP/CAD Week Ahead Forecast: Vulnerable without Big BoE Surprise

The Pound to Canadian Dollar exchange rate receded further from June highs to open the new week and potentially needs a big Bank of England (BoE) Bank Rate surprise on Thursday if it's to avoid fal…

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15 June 2023 Canadian Dollar: Downside Risks Building Forecasts BNP Paribas

The Canadian Dollar is one of the better-performing of the major currencies of the past six weeks, but economists at a global investment bank say the currency will likely struggle over the remainde…

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13 June 2023 Pound-Canadian Dollar Strength to Remain Limited Near-term

The Pound to Canadian Dollar exchange rate has rebounded from early June lows in recent trade though remains within the 1.66 to 1.6950 range prevailing over the last six weeks while economic data f…

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09 June 2023 Canadian Dollar Hampered as Job Market Struggles to Absorb Workers 

  The Canadian Dollar fell widely ahead of the weekend after Statistics Canada disclosed the first outright fall in local employment levels since the last 'lockdown' and what might be a sign of…

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08 June 2023 More Canadian Dollar Strength "Path of Least Resistance"

The Canadian Dollar's path of least resistance is to go higher according to Toronto Dominion Bank (TD).

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07 June 2023 Canadian Dollar Puts GBPCAD and USDCAD Under Pressure Following Bank of Canada Rate Hike

The Canadian Dollar rallied after the Bank of Canada raised its policy interest rates by 25 basis points to 4.75% and signalled it felt further rate hikes were required.

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