GBP/CAD under pressure & losing grip on 1.66 and is at risk of deeper decline & could slip sub-1.65.
Read more … →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.
Read more … →GBP/CAD languishing near 1.66 & vulnerable, Canadaโs strongest CPI since 1991 weighs.
Read more … →GBP/CAD could struggle to recover above 1.67, could languish sub-1.67 & risks dip below 1.65.
Read more … →GBP/CAD testing late 2021โs lows, as CAD rallies with labour market.
Read more … →GBP/CAD still has scope to recover further but 1.6650 needs to hold, Scotiabank says.
Read more … →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.
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