The Pound and Euro are predicted to maintain a slight positive bias against the Canadian Dollar in the near-term by a noted currency analyst at one of Canada's main lenders.
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The Pound-to-Canadian Dollar rate rose above its breakeven level for 2021 in the penultimate session of the week, placing Sterling back in the top spot among the most frequently traded major curren…
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“Preliminary information indicates an approximate 0.4% decrease in real GDP for July giving back about half of June's gain. The main decreases were in manufacturing, construction and retail trade,”…
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GBP/CAD stabilised early in a holiday-shortened week but may struggle to sustain itself above the nearby 1.74 level over the coming days and would risk slipping back below 1.73 if either the U.S. D…
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The Pound-to-Canadian Dollar exchange rate was little changed in the penultimate session of the week having drawn a line under a hat-trick of earlier losses around the 1.73 handle, but any pending …
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A rapid decline in timber prices have been attributed by some to a recent run of weakness in the Canadian Dollar, an understandable assessment given the importance of the sector to the Canadian eco…
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The Pound-to-Canadian Dollar exchange rate entered the new week reduced from three-month highs but would risk a further correction as far as an important level of support near 1.73.
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