22 November 2020 Pound-Canadian Dollar Forecast: New Highs

The Pound-to-Canadian Dollar exchange rate enters the new week near three-month highs but at risk of declines as investors digest the latest coronavirus developments in the UK, while the ongoing Br…

Read more … →
20 November 2020 Pound-Canadian Dollar Rate Outlook: Hedging Activity, Forecasts Hint at Where GBP/CAD Might End Up

The Pound-to-Canadian Dollar rate was dipped on Friday but with the Brexit talks still deadlocked it faces two-way risks that have been illustrated by recent hedging activity in the options market …

Read more … →
18 November 2020 Canadian Dollar Draws Buyer as CBA Tips Return to January 2018 Highs

The Canadian Dollar has drawn another institutional advocate with Commonwealth Bank of Australia tipping it as a buy in anticipation of a global economic recovery that drives a five percent rally b…

Read more … →
15 November 2020 Pound-Canadian Dollar Week Ahead Forecast: Retreat to 1.7121 Possible

The Pound-to-Canadian Dollar rate ended the week near early September highs Friday after having swung back into the black for 2020, but is at risk of falling back toward the bottom of its range thi…

Read more … →
13 November 2020 Canadian Dollar Billed As a Buy and Top Prospect for Year Ahead

The Canadian Dollar remained an underperformer for the month and year this week but has been tipped as a buy at Goldman Sachs and BMO Capital Markets who between them see the Loonie outperforming o…

Read more … →
10 November 2020 Pound-Canadian Dollar Rate Loses Momentum at November High as Multi-month Range Holds

The Pound-to-Canadian Dollar rate was losing steam Tuesday after rallying to November highs, although technical analysis from Scotiabank suggests the nearby ceiling of Sterling's multi-month range …

Read more … →
08 November 2020 Pound-Canadian Dollar Forecast: Slipping as Biden Weighs On Brexit Trade Prospects 

The Pound-to-Canadian Dollar exchange rate tumbled last week but with an incoming Democractic Party administration blighting Brexit Britain's trade prospects, as talks with European Union continue …

Read more … →