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…

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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 …

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13 June 2022 GBP/CAD Week Ahead Forecast: New 10-year Lows in Sight

The Pound to Canadian Dollar rate slipped to a fresh 10-year low in the opening session of the new week but could fall further over the coming days if the Loonie remains more resilient to the rally…

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10 June 2022 Canadian Dollar Sold and U.S. Dollar Bought at TD Securities with 1.30 Target 

The Canadian Dollar fell sharply from one month highs when stock markets slumped across the globe during the latter half of this week but strategists at TD Securities say it likely has further to f…

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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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