24 May 2021 Canadian Dollar Ripe for a Correction say Some, but Barclays Forecast Further Gains

The Canadian Dollar is ripe for a correction says a prominent foreign exchange market analyst we follow, however the assessment at Barclays is that further gains can be realised.

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20 May 2021 Canadian Dollar Outlook: Good News is in the Price say Analysts but Multi-month Gains are Still in the Pipeline

The Canadian Dollar's stellar run could be due to fade, although analysts at a couple of investment banks we follow say the longer-term outlook still remains resolutely constructive and weakness is…

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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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