The Canadian Dollar plumbed the bottom of the major currency barrel ahead of the weekend and was on course for its worst week since March 2020 as a gloomy market of risk-averse traders overlooked s…
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The Pound-to-Canadian Dollar rate was closing in on multi-month highs in the penultimate session of the week after the Loonie was left reeling by risk aversion in global markets.
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The Pound-to-Canadian Dollar rate had the wind in its sails and 1.74 in sight following a strong start to the new week but could now struggle to advance much beyond Monday's levels.
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The Pound-to-Canadian Dollar rate dipped briefly below 1.73 ahead of the weekend amid signs that its recent uptrend is neutralising, an idea that is only encouraged by the latest HSBC forecasts, wh…
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The Pound-to-Canadian Dollar rate has struggled for momentum thus far in the new week but technical analysis from Scotiabank has flagged upside risks for both GBP/CAD and USD/CAD, while new forecas…
Read more … →The Pound-to-Canadian Dollar rate entered the new week above 1.74 and with support at nearby levels but Sterling could struggle for momentum before Thursday’s GDP report reveals the extent to which…
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The Canadian Dollar is just about holding onto its status as the best performing major currency of 2021 with some slippage following a below-consensus employment report.
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