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National Bank of Canada says the recent decline in the value of the Canadian Dollar merely makes it even more undervalued relative to fundamentals, as they forecast gains in 2022.
December 7,2021
GBP/CAD struggling against resistance at 1.7064 and faces further impediment to recovery at 1.7166.
December 6,2021
GBP/CAD & USD/CAD falling apart at the seams as CAD steps back from brink on Nov jobs rally.
December 3,2021
"We suspect that barring a clear scientific consensus pointing to a limited impact from the Omicron variant, this uncertainty will likely curtail investor willingness to “buy the dip” in CAD." - Credit Suisse.
December 3,2021
USD/CAD back to breakeven as 2021 winds down but CAD is at risk of slipping into the red, CIBC says.
December 1,2021
The Pound to Canadian Dollar exchange rate rallied to new November highs early in the new week.
November 30,2021
GBP/CAD’s November lows may mark end of the sell-off and a recovery to 1.7080 is likely in the short-term.
November 25,2021
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