Foreign exchange analysts at Canadian lender CIBC show rising headwinds to the Canadian Dollar over coming months, suggesting the best part of 2021's performance has now past.
September 30,2021
RBC Capital Markets have anointed a recommendation to sell the Pound-to-Canadian Dollar exchange rate (GBP/CAD) as their "trade of the week".
September 27,2021
GBP/CAD has established itself in a narrow 1.7450-to-1.7550 trading range but could stress both of those confines over the coming days as the Loonie digests local election results.
September 20,2021
The Canadian Dollar was on course to end the week Friday with gains over a large majority of its nearest rivals including Sterling and may be set to remain a weight on GBP/CAD if the Loonie’s month-long run of underperformance fades with the uncertainty surrounding Monday's election.
September 17,2021
GBP/CAD sees support around 1.75 & 1.7340 further down but may struggle to keep head above water this week.
September 13,2021
The Canadian Dollar traded with dampened spirit Wednesday after the Bank of Canada noted international headwinds and virus-related risks to Canada’s economic recovery that leave the Loonie with little incentive to reverse its nascent underperformance ahead of October’s forecast review
September 9,2021
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