The Canadian Dollar gave a cool and calm response to the Bank of Canada (BoC) on Wednesday when it provided few if-any clues about how the world's largest quantitative easing programme will evolve in response to what is already a better-than-expected performance from Canada's economy. 

March 10,2021

The Pound-to-Canadian Dollar rate has edged above the middle of its likely short-term range ahead of Wednesday's Bank of Canada (BoC) policy decision but would still have significant upside ahead of it if Natwest Markets is right to remain bullish on an outperforming Pound Sterling for the weeks ahead.

March 9,2021

The Pound-to-Canadian Dollar rate tumbled to one-month lows Friday amid rallies in the U.S. Dollar and oil that have given Canada's Loonie an advantage over Sterling and prompted CIBC Capital Markets to suggest that clients of the bank consider betting against GBP/CAD. 

March 5,2021

The Canadian Dollar stumbled on Friday as bad weather continued to blight many financial markets ahead of the weekend, leading to sharp gains in USD/CAD that enabled Pound Sterling to catch a previously falling GBP/CAD knife, lifting back above 1.77 in the process. 

February 26,2021

The Canadian Dollar rallied to a three-year high with gusto on Wednesday, weighing on the Pound-to-Canadian Dollar rate in the process, although Sterling's recently-improved outlook has been buttressed by the prospect of a further dovish turn in monetary policy at the Bank of Canada (BoC). 

February 24,2021

The Pound-to-Canadian Dollar exchange rate is supported at nearby levels and could reach one-year highs in the coming weeks amid a brightening domestic backdrop in the UK, although a Tuesday speech from Bank of Canada (BoC) Governor Tiff Macklem will be an important influence on GBP/CAD this week. 

February 22,2021