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"Today’s announcement doesn’t change our forecast for the BoC to begin raising interest rates in April with three hikes in 2022."
December 13,2021
GBP/CAD risking another lurch lower this week and could see 1.6600.
December 13,2021
The Canadian Dollar pared earlier gains over the U.S. Dollar and Pound in the penultimate session of the week after its rally was stalled by a show of patience from the Bank of Canada (BoC), although this has done little to deter the Loonie’s admirers from their enduringly bullish outlooks.
December 9,2021
GBP/CAD attempting to stabilise after BoC stands pat and reiterates guidance for steady rates until April at least.
December 8,2021
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
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