26 July 2020 Pound-Canadian Dollar Week Ahead: Looking for an Upside Break but Risking More Range Trading

The Pound-to-Canadian Dollar rate edged higher amid a turn for the worse in market sentiment last week and it could attempt an upside breakout from its recent stiflingly narrow range in the days ah…

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22 July 2020 Pound-Canadian Dollar Rate Pained by Brexit Pessimism as Outlook Balances on Knife Edge

The Pound-to-Canadian Dollar rate was under pressure Wednesday after The Telegraph reported the British government has all but given up hope of reaching a trade agreement with the European Union, l…

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21 July 2020 Canadian Dollar Quibbles with Retail Sales Miss but Still Enjoys Oil and Risk Tailwinds

The Canadian Dollar faltered at session highs Tuesday after May retail sales recovered less than was anticipated by the market, although the Loonie retained the support of rallying oil prices …

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19 July 2020 Pound-Canadian Dollar Week Ahead: Duopoly of Underperformers Threatens Narrow Range Trade

The Pound-to-Canadian Dollar exchange rate has established a foothold around the midpoint of its 2020 range although a tendency toward underperformance in both Sterling and the Loonie risks encoura…

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17 July 2020 Canadian Dollar Underpeforms but Could Yet Cause "Considerable Pain" to Currency Traders

The Canadian Dollar underperformed alongside the U.S. greenback and Sterling on Friday, continuing a recent trend that's shown little sign of abating although some analysts say it could cause trade…

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15 July 2020 Canadian Dollar Shines as BoC Eyes "Sharp Recovery," Looks to Escort Canada Back Onto Dry Land 

The Canadian Dollar was buoyed on Wednesday when the Bank of Canada (BoC) said it expects "a sharp rebound in economic activity" this quarter but that it will still provide a monetary escort to the…

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14 July 2020 Pound-Canadian Dollar Rate Unravels as UK Economic Woe Weigh On Sterling

The Pound-to-Canadian Dollar rate unravelled further on Tuesday after poor May GDP data stoked concern for the UK's recovery prospects, although some forecasters are warning of a further poor perfo…

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