15 February 2021 Pound-Canadian Dollar Week Ahead Forecast: Eyeing 1.7780 as Sterling Shines, and Loonie Lags

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…

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09 February 2021 Oil Price "Locomotive" to Pull Canadian Dollar Higher say Analysts

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…

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05 February 2021 Canadian Dollar Drops against Pound after Unemployment in Canada Jumps

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.

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04 February 2021 Pound-Canadian Dollar Rate in BoE-induced Surge as Loonie Holds Own Elsewhere

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…

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02 February 2021 Pound-Canadian Dollar Techs Eye Support at 1.7440 as Trend Turns Tentatively Higher

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…

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01 February 2021 Pound-Canadian Dollar Week Ahead Forecast: Eyeing 1.77 after Breakout Opens Higher Range

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…

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27 January 2021 Pound-Canadian Dollar Exchange Rate Forecast to Appreciate in 2021 by CIBC

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 …

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