15 March 2023 Canadian Dollar Resilience Sees GBP/CAD Testing Support Near 1.66 on Charts

The Pound to Canadian Dollar exchange rate's month-long rally appeared to be stalling in midweek trade when a rebounding U.S. Dollar and resilient Loonie led GBP/CAD to test an emerging technical s…

Read more … →
13 March 2023 GBP/CAD Dollar Week Ahead Forecast: Risk of Data Curbing Rally 

The Pound to Canadian Dollar exchange rate entered the new week near the new year high but could find its multi-week rally cut short if UK economic data or the government budget lead market expecta…

Read more … →
10 March 2023 GBP/CAD Tests Month Highs as Sterling Rallies and Loonie Lags

The Pound to Canadian Dollar exchange rate reached a one-month high ahead of the weekend after a respectable February employment report from Canada was unable to stall a rally in Sterling that was …

Read more … →
09 March 2023 Canadian Dollar Poised to Extend Losses: City Index

"USD/CAD could be heading to 1.40" - City Index.

Read more … →
08 March 2023 Canadian Dollar: Further Falls "Inevitable" Following Bank of Canada's 'Dovish' Hold

The Bank of Canada opted to keep interest rates unchanged at its latest policy meeting and gave little indication that it will need to hike again in the near future.

Read more … →
06 March 2023 GBP/CAD Week Ahead Forecast: Supported by 50-Day Average

The Pound to Canadian Dollar exchange rate has arrested a multi-month correction lower and could be likely to remain well supported by its 50-day moving average at 1.6332 through what is an importa…

Read more … →
28 February 2023 Canadian Dollar Softer as Economy Flatlines

CAD fell on the release of GDP data that showed the Canadian economy 'flatlined' in the final quarter of the year, reassuring investors that the Bank of Canada would keep interest rates at current …

Read more … →