CAD is tipped to maintain that outperformance over coming weeks, but by year-end it should start retreating against GBP and EUR.
Read more … →
The Canadian Dollar fundamental value has risen, leading a BMO Capital Markets financial model to tip the Loonie as a buy this week, although the latest technical analysis from Scotiabank suggests …
Read more … →
The Pound to Canadian Dollar exchange rate reached one month highs last week but may get an opportunity to advance closer toward the 1.57 handle in the days ahead if the U.S. Dollar remains soft or…
Read more … →
The Canadian Dollar outperformed Pound Sterling and many other major currencies in the final session of the week after the local economy proved more resilient in May than markets had anticipated wi…
Read more … →
The Pound to Canadian Dollar exchange rate has shown signs of stabilising above the nearby 1.54 level but could continue to have difficulty sustaining rallies when near to the 1.56 handle if the Lo…
Read more … →The Canadian Dollar cooled its heels in the midweek session, enabling an oversold GBP/CAD exchange rate to stabilise near some of its lowest levels for a decade, although Scotiabank says that Sterl…
Read more … →The Pound to Canadian Dollar exchange rate entered the new week on the front foot but could struggle to extend its early advance by much in the days ahead unless an action packed UK economic calend…
Read more … →