19 May 2021 Canadian Dollar Stalls after "Base Effects" Cited for Inflation Surge

The Canadian Dollar had outperformed in the midweek session but softened after statistical base effects were cited by Statistics Canada for inflation that surged even further above the Bank of Cana…

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18 May 2021 Canadian Dollar’s 2015 Highs Weigh On GBP/CAD as Charts Flag Uphill Struggle

The Canadian Dollar rose to new six-year highs against its U.S. counterpart on Tuesday as the greenback beat an almost across-the-board retreat from other currencies including Pound Sterling in pri…

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17 May 2021 Pound-Canadian Dollar Outlook Favours Gains as Loonie Set for Consolidation

The Pound-to-Canadian Dollar exchange rate entered the new week on its front foot and may look to edge higher over the coming days as the Canadian Dollar cools its heels following a strong rally th…

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14 May 2021 GBP/CAD Firms after Canadian Dollar Ticketed for Speeding by BoC's Macklem

The Pound-to-Canadian Dollar exchange rate rose further from 2021 lows ahead of the weekend after Bank of Canada Governor Tiff Macklem effectively gave the Loonie a speeding ticket for the pace at …

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12 May 2021 Pound-Canadian Dollar Charts Paint A Range Bound Picture

The Pound-to-Canadian Dollar exchange rate outlook is clouded with uncertainty which could ensure a period of confinement within a narrow range unless Sterling is able to break above the nearby 1.7…

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10 May 2021 Pound-Canadian Dollar Week Ahead: Capped by 1.72 As New Lower Range Prevails

The Pound-to-Canadian Dollar rate entered the new week on its front foot but is now trading under the auspices of a new and lower range that could ultimately see Sterling capped by the 1.72 level i…

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07 May 2021 Pound-Canadian Dollar Rate Catches a Breather on Canadian Jobs Disappointment

Two sets of disappointing jobs data out of North America ahead of the weekend have conspired to push the two U.S. Dollar and Canadian Dollar lower, allowing for the Pound to catch a break and recov…

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