The Pound-to-Canadian Dollar exchange rate could retest late November highs around 1.75 this week if the Bank of Canada (BoC) and Canadian economic growth risks undermine penalise the Loonie.
Read more … →
The Canadian Dollar was an outperformer among major currencies for the session as well as week on Thursday as it continued to overlook the elevated possibility of an interest rate cut or other poli…
Read more … →
The Canadian Dollar is forecast to appreciate in 2021 by economists at Canadian lender National Bank of Canada (NBC), who say gains in commodity prices will be a key driver of the gains.
Read more … →
The Pound-to-Canadian Dollar rate rallied strongly on Tuesday after Bank of England (BoE) Governor Andrew Bailey appeared to poor cold water over the idea of the UK adopting a negative interest rat…
Read more … →
The Pound-to-Canadian Dollar exchange rate turned away from near a year-long high last week and could be set to trade within a narrower and lower range over the coming days as a rally in U.S. gover…
Read more … →
The Canadian Dollar was on its back foot Friday having ceded ground to the U.S. Dollar, Pound and a small majority of its other major rivals but forecasts from BofA Global Research suggest it has s…
Read more … →The Canadian Dollar recoiled in the face of a resurgent U.S. Dollar and Pound on Thursday but could face a reckoning with the Bank of Canada (BoC) and fresh losses later in January if USD/CAD …
Read more … →