19 July 2021 Pound-Canadian Dollar Week Ahead Forecast: Scope for 1.75 if USD/CAD Correction Continues

The Pound-to-Canadian Dollar rate entered the new week with Sterling and the Loonie still vying with each other over the top spot among major currencies for 2021 but could potentially reach its hig…

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16 July 2021 Canadian Dollar Bears and Sterling Bulls Prevail in Win-Win for GBP/CAD

The Pound-to-Canadian Dollar exchange rate was trading near its highest since April following a flurry of demand for Sterling, while BMO Capital Markets has suggested that levels around 1.73 should…

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14 July 2021 Pound-Canadian Dollar Recovery Gains Traction after BoC Leaves 'Hawkish' Market at Altar

The Pound-to-Canadian Dollar rate recovery appeared to gain traction in the mid-week session after the Bank of Canada tapered its quantitative easing programme (QE) but left disappointed those inve…

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13 July 2021 Canadian Dollar: Barclays & Goldman Sachs Views on the Looming Taper

The looming key risk for the Canadian Dollar will be the midweek Bank of Canada policy decision where it is expected another cut to the quantitative easing programme will be announced.

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12 July 2021 Pound-Canadian Dollar Rate Seeks to Sustain Break Higher as BoC Looms

The Pound-to-Canadian Dollar rate enters the new week attempting to sustain a break higher out of a multi-month range although whether it can will be determined over the coming days by the July pol…

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09 July 2021 Pound-Canadian Dollar Range Break Unimpeded by Canada’s Jobs Surprise

The Pound-to-Canadian Dollar exchange rate edged higher in the final session of the week as the Loonie appeared to overlook better-than-expected June employment data from Statistics Canada, leaving…

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06 July 2021 Pound-Canadian Dollar Rate Hits 2-month Highs as Oil Crumbles and USD Roars

The Pound-to-Canadian Dollar rate hit a metaphorical roof ahead of the mid-week session with its strongest one-day gain since the early morning moments of May, creating scope for a possible range-b…

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