27 August 2020 Canadian Dollar Outperforms, GBP/CAD Rally said to be at Risk of Capitulation

The Canadian Dollar outperformed Thursday following a key speech from Federal Reserve (Fed) Chairman Jerome Powell, leaving the Pound-to-Canadian Dollar rate at risk of a downward capitulation from…

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25 August 2020 Canadian Dollar Draws Algorithmic Seller Ahead of Central Bank Shindig while GBP/CAD Recovers

The Canadian Dollar advancd on the greenback and some other major currencies Tuesday but ceded ground to an outperforming Sterling ahead of this year's central bank shindig in Jackson Hole, althoug…

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23 August 2020 Pound-Canadian Dollar Week Ahead Forecast: Supported at 1.7245, Central Bank Speakers Take to the Stage

The Pound-to-Canadian Dollar exchange rate suffered heavy losses at the end of an otherwise uneventful week Friday but risks becoming trapped in a tight range in the days ahead due to Sterling's ti…

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21 August 2020 Canadian Dollar Recovery Extends as Retail Sales Keep Pressure on Brexit-stricken GBP/CAD

The Canadian Dollar extended its recovery on Friday and helped keep pressure on the Brexit-stricken Pound-to-Canadian Dollar exchange rate after Statistics Canada reported June retail sales th…

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19 August 2020 Canadian Dollar Keeps Pressure on Sterling as Oil and Greenback Correlations Point the Loonie Higher

The Canadian Dollar advanced on Sterling Wednesday as risky currencies consolidated gains following another Dollar Index breakdown, with the Loonie benefiting from correlations with the greenback, …

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17 August 2020 Canadian Dollar to Hold Near-term Advantage over Pound

The Pound has trended lower against the Canadian Dollar during August, but the losses are viewed as corrective in nature by one analyst we follow who expects GBP/CAD to ultimately resume its trend …

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13 August 2020 Canadian Dollar Forecast to Push GBP/CAD to 1.70 Handle Short-term says Western Union Analyst

The British Pound is looking prone to further declines against the Canadian Dollar, according to Western Union, the international payments provider, however the bigger picture confirms the Canadian…

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