The Pound-to-Canadian Dollar rate was on its front foot on Monday but could have scope to achieve six-month highs near to 1.78 this week if Sterling's nascent outperformance and a broader uplift of…
Read more … →The oil market is in an uptrend and there is little to stop its appreciation until Brent hits at least $70/ barrel according to one analyst we follow, a development that bodes well for the Canadian…
Read more … →The Canadian Dollar fell against the Pound, Euro and other currencies following the release of disappointing economic data that showed the country shed 212.8K jobs in January.
Read more … →The Pound-to-Canadian Dollar rate surged in relief on Thursday following a favourable Bank of England (BoE) policy decision, while the Loonie was holding its own against a resurgent U.S. Dolla…
Read more … →The Pound-to-Canadian Dollar rate was in retreat on Tuesday as the Loonie outperformed and Sterling consolidated gains from last week's breakout rally, although analysts at Scotiabank say GBP/CAD b…
Read more … →The Pound-to-Canadian Dollar rate overcame multiple technical impediments on the charts last week as Sterling took the lead among major currencies for 2021, which has opened the door to a higher ra…
Read more … →Canadian lender and financial services provider CIBC have this month told clients they have turned more constructive on the Canadian Dollar in 2021, but they also note a vaccine dependent recovery …
Read more … →