The Canadian Dollar underperformed Tuesday as the threat of another tariff dispute with the U.S. saw it cede ground to the greenback while enabling the Pound-to-Canadian Dollar rate to recover further from a three-month low.
June 23,2020
The Pound-to-Canadian Dollar rate furthered a multi-week breakdown into a new, lower range last week as the Loonie proved more resilient to a rebound by the greenback and Sterling undeperformed, although March crisis period lows could beckon the British currency over the coming days.
June 21,2020
The Canadian Dollar was wobbled on Friday by a collosal fall in retail sales for the month of May that showed consumer spending falling further than markets anticipated while offering respite to a battered and bruised Pound Sterling.
June 21,2020
The Pound-to-Canadian Dollar exchange rate was stumbling toward June lows in a make-or-break sesssion for the short-term outlook on Thursday just hours out from the latest Bank of England (BoE) policy decision.
June 18,2020
The Canadian Dollar is being tipped to maintain a bullish tone over coming weeks by analysts at a leading investment bank, who observe the fundamentals underpinning the currency continue to improve.
June 16,2020
The Pound-to-Canadian Dollar rate has been left testing a key level of technical support that will be at risk over the coming days from both domestic as well as international factors, from the Bank of England (BoE) to the performance of global stock markets, which will be key to risk appetite in the wider market.
June 14,2020
The Pound-to-Canadian Dollar rate was treading water on Friday but has this week established a foothold around the midpoint of its recent trading ranges, leaving perched atop the 1.70 level and positioned for a modest recovery in the event that risk appetite continues to soften.
June 12,2020
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