17 December 2020 Pound-Canadian Dollar Forecast to Endure Decline in 2021 by RBC Capital Markets

The Canadian Dollar will outperform the British Pound through the course of 2021, with the Pound-to-Canadian Dollar exchange rate (GBP/CAD) forecast to go as low as 1.58 by analysts at Royal Bank o…

Read more … →
16 December 2020 The BoC has a Canadian Dollar Problem and Following the Fed Just Might Solve It

The Canadian Dollar underperformed on Wednesday but nonetheless, there is a trend emerging that is a problem for the Bank of Canada (BoC) and its economy, a problem which may be solved if policymak…

Read more … →
15 December 2020 Pound-Canadian Dollar Rate Rises from Grave as Brexit Fears Ebb, Deal Looms

The Pound-to-Canadian Dollar exchange rate has risen from a proverbial grave this week and was looking to extend its recovery rally on Tuesday as fears of a 'no deal' Brexit were buried amid renewe…

Read more … →
13 December 2020 Pound-Canadian Dollar Week Ahead Forecast: Recovery Stymied Near 1.7050 without Brexit Deal 

The Pound-to-Canadian Dollar exchange rate is poised to recover over the coming days from punishing losses that pushed it back to September lows last week, but it faces choppy trading conditions an…

Read more … →
10 December 2020 Pound-Canadian Dollar Rate in Nervous Breakdown after Sterling Spirals Over Brexit Worries

The Pound-Canadian Dollar rate suffered a nervous breakdown Thursday as Sterling spiralled with expectations for a Brexit trade agreement, sending GBP/CAD crashing through a key level in its larges…

Read more … →
09 December 2020 Canadian Dollar Rises after BoC Calls Time on Rate Cuts and Offers Loonie a Freedom Pass

The Canadian Dollar advanced back in the direction of 2020 highs against the U.S. Dollar while placing Sterling and other currencies under pressure on Wednesday after the Bank of Canada (BoC) staye…

Read more … →
08 December 2020 Canadian Dollar Overlooks Risk of BoC Rate Cut: Is it Really Such a Wild Card? 

The Canadian Dollar remained among the better performing major currencies for the recent week on Tuesday as it continued to overlook the risk of a surprise policy move from the Bank of Canada (BoC)…

Read more … →