The Canadian Dollar pushed GBP/CAD to fresh 10-year lows after the Bank of Canada (BoC) surprised an already hawkish market by lifting its interest rate its highest level since October 2008, outdoi…
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The Pound to Canadian Dollar exchange rate remains in the grip of gravity and could be at risk of probing beneath the 1.55 handle afresh in the week ahead if Wednesday’s Bank of Canada (BoC) policy…
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The Canadian Dollar ceded ground to the greenback and perceived safe-haven currencies but rose against most other major counterparts as the Euro and risk assets across the world sustained heavy los…
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The Pound to Canadian Dollar rate’s mid-June recovery has been all but scuppered and it now risks remaining suppressed near around 1.55 in the days ahead unless market appetite for the U.S. Dollar …
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Quebec based Desjardins Bank are forecasting a steady decline in the value of the Canadian Dollar through the remainder of 2022.
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CAD is forecast to extend a period of outperformance against the Pound and Euro although it will likely remain under pressure against the U.S. Dollar says CIBC.
Read more … →The Pound to Canadian Dollar exchange rate may be in the process of attempting to reverse a steep multi-month decline but it has so far been stymied by technical resistance around 1.5932 on the cha…
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