29 June 2022 CIBC's Canadian Dollar Forecasts against Pound, Euro and Dollar for Remainder of 2022

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 … →
28 June 2022 GBP/CAD Week Ahead Forecast: Resistance Near 1.5932 Frustrates

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…

Read more … →
24 June 2022 Canadian Dollar Charts Pointing GBP/CAD toward Recovery Road, Scotiabank Says 

The Pound to Canadian Dollar exchange rate may be in the early stages of a corrective recovery that could reverse a more meaningful portion of its multi-month slide, according to technical analysis…

Read more … →
23 June 2022 Canadian Dollar "Could be King" says Bank of Montreal

"In a calm FX market, we think CAD would be king" - BMO Capital.

Read more … →
22 June 2022 Canadian Dollar: Hot Inflation Read Cements 75bp Hike at BoC

A surprisingly strong set of Canadian inflation data will fuel investor expectations for a more aggressive interest rate hiking policy at the Bank of Canada, in turn shoring up support for the Cana…

Read more … →
21 June 2022 Pound-Canadian Dollar Still a Sell with RBC Capital Markets

Foreign exchange strategists at Canadian lender RBC are holding onto a trade that pits the Pound against the Canadian Dollar, saying there are further declines ahead for the Pound to Canadian Dolla…

Read more … →
20 June 2022 GBP/CAD Week Ahead Forecast: Looking to Hold 1.57

The Pound to Canadian Dollar rate is showing signs of stabilisation following a multi-month decline and could be likely to hold above the nearby 1.57 level in the days ahead, although much depends …

Read more … →