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), althouโฆ
Read more … →GBP/CAD attempting to stabilise after BoC stands pat and reiterates guidance for steady rates until April at least.
Read more … →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.
Read more … →GBP/CAD struggling against resistance at 1.7064 and faces further impediment to recovery at 1.7166.
Read more … →GBP/CAD & USD/CAD falling apart at the seams as CAD steps back from brink on Nov jobs rally.
Read more … →"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 โbuy the dipโ in CAD." - Crโฆ
Read more … →USD/CAD back to breakeven as 2021 winds down but CAD is at risk of slipping into the red, CIBC says.
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