The Canadian Dollar clobbered and clubbed all counterparts ahead of the weekend after Statistics Canada announced a significant increase in the labour force for January that was on par with the non…
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The Pound to Canadian Dollar exchange rate edged higher to open the new week but for some strategists it remains a preferred expression of bearish views on the outlook for Sterling, suggesting it c…
Read more … →The Pound to Canadian Dollar exchange rate is the worst performing Sterling pair of the week but with the backdrop on the charts still bullish a Bank of England (BoE) interest rate decision in the …
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Break of 1.6660 opens door to higher levels in GBP/CAD.
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The Canadian Dollar remained one of the best performing major currencies for the period in the final session of the week but analyst opinion about the outlook for it has grown more divided after th…
Read more … →The Bank of Canada (BoC) has initiated a "pause" in its monetary policy tightening cycle following an eighth increase in its cash rate this week but some local strategists say the latest policy ste…
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The Bank of Canada raised its base interest rate 25 basis points to 4.5% and said it was now time to pause the rate hiking cycle to assess its impact on the economy.
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