03 May 2021 Pound-Canadian Dollar Rate Faces Uphill Struggle without Let Up from Loonie

The Pound-to-Canadian Dollar rate entered the new week near 2021 lows and facing an uphill struggle to recover in the absence of a let up from a rampantly strong Canadian Dollar or boost from the B…

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30 April 2021 Canadian Dollar Cools on GDP Miss and Rally Leaves Corporate Canada Short

The Canadian Dollar softened on Friday after February GDP data missed lofty expectations, although it may matter to the Loonie going forward that its recent rally has put some local corporations in…

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30 April 2021 Canadian Dollar Scales 2018 Highs and Pushes GBP/CAD to 2021 Lows

The Canadian Dollar climbed to new multi-year highs ahead of the weekend and in the process pushed the Pound-to-Canadian Dollar rate to its lowest level of the year-to-date, with price action comin…

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28 April 2021 Canadian Dollar Bulls Cheer Retail Sales Boon, Fed Risk Looms

The Canadian Dollar remained the week’s outperformer after March retail sales figures emerged stronger than was expected on Wednesday, vindicating the Bank of Canada's recently optimistic view of t…

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26 April 2021 Pound-Canadian Dollar Week Ahead Forecast: Range Highs Could Come into Contention

The Pound-Canadian Dollar exchange rate was little changed following volatile trading last week but could be seen reclaiming its range highs over the coming days.

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22 April 2021 Canadian Dollar Forecasters Heartened by BoC’s Interest Rate Guidance

The Canadian Dollar outperformed on Thursday having notched up gains over all majors including Pound Sterling and may be on course for even further gains, according to multiple forecasters who’ve b…

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21 April 2021 Pound-Canadian Dollar Rate Sinks in Wake of BoC Taper and Hint at Rate Hike

The Canadian Dollar surged on Wednesday and in the process pulled GBP/CAD away from the week’s highs after the Bank of Canada (BoC) announced a reduction to its quantitative easing programme and in…

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