09 June 2022 Canadian Dollar Charts Illustrate Bearish GBP/CAD Outlook as Key Job Data Loom

The Canadian Dollar kept Pound Sterling pinned down near to a 10-year low in the penultimate session of the week, illustrating along the way what some analysts say is an increasingly bearish pictur…

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08 June 2022 Canadian Dollar Seen Near Peak as BoC Risks Turning from Tailwind to Headwind

Canada’s Dollar claimed pole position among major currencies for the year this week but strategists at CIBC Capital Markets say it could be close to peaking and have warned that a recently-supporti…

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06 June 2022 GBP/CAD Week Ahead Forecast: Vulnerable Near 10-year Lows

The Pound to Canadian Dollar rate has fallen to new post-referendum lows and could be set to remain under pressure ahead of next week’s UK wage data and Bank of England (BoE) policy decision due to…

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01 June 2022 Canadian Dollar Crushes GBP/CAD after BoC Hawks More Forceful Response 

The Canadian Dollar climbed over and above all major currency counterparts barring the U.S. Dollar while clobbering Pound Sterling in the mid-week session after the Bank of Canada (BoC) announced a…

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30 May 2022 GBP/CAD Week Ahead Forecast: Retest of 1.6157 Possible

The Pound to Canadian Dollar rate opened the new week on its back foot but could attempt to retest a nearby technical resistance barrier around 1.6157 overhead on the charts if the Bank of Canada (…

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25 May 2022 Canadian Dollar's Tentative Vulnerability Supportive of GBP/CAD Outlook 

The Canadian Dollar has underperformed alongside its U.S. counterpart this week in price action that is indicative of an emerging vulnerability in the North American currency complex, one that coul…

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23 May 2022 GBP/CAD Week Ahead Forecast: Edging Higher but Upside Limited

The Pound to Canadian Dollar exchange rate has lifted tepidly from close to three-year lows and has been aided by a supportive turn in UK government bond yields, although it could struggle to advan…

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