09 November 2022 GBP/CAD: NBC Month Ahead Forecast

The Canadian Dollar is forecast to see further near-term weakness against the Pound, Dollar and Euro but a strong recovery through 2023 is predicted by NBC.

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04 November 2022 Canadian Dollar Rally Fades Quickly after Economy Claws Back Lost Jobs

The Canadian Dollar rallied against a retreating U.S. Dollar and an underperforming Pound after Statistics Canada data suggested the local economy clawed back in October all of the jobs lost during…

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01 November 2022 GBP/CAD Rate's Recovery Obstructed on Charts as BoE Risk Looms 

The Pound to Canadian Dollar rate has reached four-month highs in recent trade but multiple technical resistances are obstructing its path higher on the charts and Thursday's Bank of England (BoE) …

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28 October 2022 Uncertainty Obscures Canadian Dollar Outlook as Economic Slowdown Looms

Canadian Dollar exchange rates were a mixed bag ahead of the weekend while the outlook for the Loonie has become less certain with the economy headed toward a slowdown and the Bank of Canada (BoC) …

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27 October 2022 Canadian Dollar: Bank of Canada Surprises with 50bp Rate Hike

The Canadian Dollar was left trailing behind other major currencies for the week following October's Bank of Canada (BoC) decision to slow the pace at which it raises interest rates, which surprised …

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26 October 2022 Canadian Dollar Drives GBP/CAD to Four Month High as BoC Shifts into Lower Gear

The Pound to Canadian Dollar exchange rate rallied to a four month high after the Bank of Canada (BoC) raised its cash rate by less than economists and markets had anticipated for October, although…

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25 October 2022 GBP/CAD Recovery Potentially Running Short of Road 

The Pound to Canadian Dollar exchange rate climbed back toward two-month highs early in the new week but could have difficulty extending its recovery much further in the days ahead unless&nbsp…

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