31 May 2023 Canadian Dollar Leans on Sterling after Data Casts Economy in Resilient Light

The Canadian Dollar recovered lost ground from the Pound and some other currencies in midweek trade after Statistics Canada said the local economy ground to a halt at the end of the second quarter …

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30 May 2023 GBP/CAD Week Ahead Forecast: CA GDP Could Help Support GBP 

The Pound to Canadian Dollar exchange rate opened the holiday-shortened week near its May lows with a clearer inflection and deeper correction potentially underway on the charts but one that could …

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23 May 2023 GBP/CAD Correction Risks Extending to 1.65 or Below

The Pound to Canadian Dollar exchange rate set itself on course for a fourth consecutive run of losses early in the new week but could fall as far as the round number of 1.65 in the days ahead if S…

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19 May 2023 Canadian Dollar Helped by Retail Sales Data

The Canadian Dollar underperformed other major currencies in the final session of the week but benefited after Statistics Canada figures suggested retail sales and consumer spending likely helped t…

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18 May 2023 Undervalued Canadian Dollar Reaches Crossroads on the Charts

The Canadian Dollar outperformed most other currencies in the penultimate session of the week but some measures suggest it’s notably undervalued in pairs like USD/CAD and GBP/CAD, which might be mo…

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15 May 2023 GBP/CAD Week Ahead Forecast: Risk Tilts to the Downside

The Pound to Canadian Dollar exchange rate entered the new week near its May low and with risk tilted to the downside going into the release of important economic figures in both the UK and Canada,…

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12 May 2023 Canadian Dollar and Oil Help GBP/CAD but Inflation Risk Looms for Loonie

The Pound to Canadian Dollar exchange rate held near the middle of a probable short-term range in the final session of the week but next Wednesday's Canadian inflation figures could see it breaking…

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