The Pound to Canadian Dollar exchange rate rallied back near to one-year highs early in the new week and could soon attempt to fully reverse the remainder of last year's punishing losses if able to…
Read more … →The Canadian dollar got a boost as oil prices jumped some 8% or so at the Asian open after the OPEC+ blindsided the market with a surprise production cut, announced at the weekend.
Read more … →The Canadian Dollar lagged behind other major currencies ahead of the weekend but Statistics Canada's confirmation of a resilient local economy could help to sustain the Loonie's recent outperforma…
Read more … →"In terms of alpha-generation – we like being short GBP/CAD from here" - CIBC.
Read more … →The Canadian Dollar outperformed all major counterparts in the opening half of the week but the scale of its earlier losses and the Loonie's linkages to the U.S. Dollar are just some of the reasons…
Read more … →The Pound to Canadian Dollar exchange rate remains close to one-year highs but with resistance immediately overhead on the charts the risk is of it being confined to roughly a 1.6768 to 1.6849 rang…
Read more … →The Pound to Canadian Dollar exchange rate appeared to lose momentum around one-year highs against a risk-averse global market backdrop ahead of the weekend but could be likely to remain above 1.67…
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