06 July 2021 Canadian Dollar Recovery to be Underpinned by Rising Oil Prices: Crédit Agricole

The failure of the world's major oil producing countries to reach new supply agreements has resulted in further gains for global oil prices, which are in turn proving supportive of the Canadian Dol…

Read more … →
30 June 2021 Canadian Dollar's Resilient Economy Puts GBP/CAD’s Range Lows On Table

The Pound-to-Canadian Dollar rate could be on course for a return to the bottom of its two-month range after Canada’s economy again outperformed market expectations, and now that Sterling is itself…

Read more … →
28 June 2021 Pound-Canadian Dollar Week Ahead Forecast: Struggling Above 1.72 after BoE Stymies Breakout

The Pound-to-Canadian Dollar exchange rate risks being condemned to a consolidative range this week in which it could struggle to sustain moves above 1.72 after the Bank of England deprived Sterlin…

Read more … →
24 June 2021 Pound-Canadian Dollar Recovery Stifled after BoE Elects to ‘Wait and See’

The Pound-to-Canadian Dollar rate turned further away from near two-month highs Thursday after the Bank of England (BoE) gave a balanced assessment of the UK economic outlook when announcing its Ju…

Read more … →
21 June 2021 Pound-Canadian Dollar Week Ahead Forecast: Short-lived Visit to March Highs Possible

The Pound-to-Canadian Dollar rate could have scope to edge higher and as far as three-month highs over the coming days, although gains for Sterling could be cut short before long by what remains a …

Read more … →
15 June 2021 Pound-Canadian Dollar Downside Limited as UK Data Offers Scope for 1.7150

The Pound-to-Canadian Dollar exchange rate may be susceptible to slippage as far as 1.7050 on Tuesday if the latest decision from Downing Street has any impact on Sterling, although an action-packe…

Read more … →
09 June 2021 'Consistently Stronger' Canadian Dollar Forecast as Bank of Canada Heads Towards Interest Rate Rises

The Canadian Dollar is tipped to trade consistently below a key level against the U.S. Dollar in the second half of 2021 as the Bank of Canada continues to offer a supportive impulse.

Read more … →