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GBP/CAD under pressure & losing grip on 1.66 and is at risk of deeper decline & could slip sub-1.65.
March 22,2022
A combination of steady rate hikes at the Bank of Canada and elevated oil prices keep a number of foreign exchange strategists we follow bullish on the Canadian Dollar's outlook.
March 17,2022
GBP/CAD languishing near 1.66 & vulnerable, Canada’s strongest CPI since 1991 weighs.
March 16,2022
GBP/CAD could struggle to recover above 1.67, could languish sub-1.67 & risks dip below 1.65.
March 14,2022
GBP/CAD testing late 2021’s lows, as CAD rallies with labour market.
March 11,2022
GBP/CAD still has scope to recover further but 1.6650 needs to hold, Scotiabank says.
March 10,2022
There is indeed statistical evidence to support the weakening of the linkage between oil and Canada-US interest differentials, and the corresponding softening of the oil-C$ tie.
March 9,2022
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