19 December 2022 GBP/CAD Week Ahead Forecast: Supported Above 1.65

The Pound to Canadian Dollar exchange rate entered the new week near to nine-month highs but could be likely to consolidate its recent gains around 1.65 in the days ahead unless the Loonie finds re…

Read more … →
14 December 2022 Desjardins: GBP/CAD Exchange Rate to Slide in 2023

A leading Canadian lender and commercial bank says the Canadian Dollar will strengthen against the Pound and Euro over the duration of 2023, ensuring a recent trend of appreciation proves short-liv…

Read more … →
13 December 2022 Canadian Dollar: Oil Headwinds for Now, But 2023 a Different Story

The "surprising decline" in oil prices is weighing on the Canadian Dollar says one of Canada's major banks.

Read more … →
12 December 2022 GBP/CAD Week Ahead Forecast: Risk of Losses to 1.64 or Below

The Pound to Canadian Dollar exchange rate recovery has gone from strength-to-strength in recent weeks but much of its latest gains are the result of an increased correlation between the trade-weig…

Read more … →
09 December 2022 Selling Canadian Dollars in USD/CAD 2023's Top Trade that Paid Out Early

Selling Canadian Dollars in the USD/CAD options market had been one of next year's top trades for CIBC Capital Markets just weeks ago but the Loonie's late November sell-off has led the strategy te…

Read more … →
08 December 2022 Canadian Dollar Undervalued in USD/CAD, GBP/CAD and EUR/CAD, CIBC Says 

The Canadian Dollar rose broadly in the penultimate session of the week but remained undervalued against the Pound, U.S. Dollar, Euro and others, according to CIBC Capital Markets' estimates, altho…

Read more … →
07 December 2022 Canadian Dollar: BoC Goes 50bp, but it's a Yellow Card Offence

"The Bank of Canada flashed a yellow card on its rate hiking team" - CIBC.

Read more … →