12 July 2020 Pound-Canadian Dollar Rate Week Ahead: Cementing Grip on 1.70 as Earnings Season, BoC Decision Loom

The Pound-to-Canadian Dollar rate has risen for three consecutive weeks gains and could look to cement its grip on the recently recovered 1.70 handle in the coming days if  weakness in the Loo…

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10 July 2020 Canada sees Jobs Rebound, Pound-to-Canadian Dollar Tests Key Resistance

The Canadian economy posted better than expected job statistics ahead of the weekend with numbers showing 952.9K people returned to work in June, but the data does not appears to have triggered a s…

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09 July 2020 Pound-Canadian Dollar Rate Looks for Foothold at 1.70 but May Test 2020 High on Brexit Breakthrough

The Pound-to-Canadian Dollar rate was risking a fall back to 1.70 Thursday where it could establish a foothold in the coming days, although the British currency could rebound to test 2020 highs aga…

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08 July 2020 Pound-Canadian Dollar Rate Slips as Chancellor's Mini Budget Underwhelms, Loonie Picks Up

The Pound-to-Canadian Dollar rate was slipping lower from near three-week highs Wednesday after an eagerly-awaited mini budget from Chancellor Rishi Sunak underwhelmed the market and the Loonie rec…

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05 July 2020 Pound-Canadian Dollar Week Ahead: On the Back Foot but with Recovery Potential Ahead

The Pound-to-Canadian Dollar rate could find itself struggling on the back foot early in the new week ahead of a government spending review that will offer it an opportunity to recover from mid-wee…

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01 July 2020 The Pound-Canadian Dollar Rate May Struggle Again if a Bearish Market Lightens Up on the Loonie

The Pound-to-Canadian Dollar rate rallied on Wednesday amid outperformance by Sterling, although the exchange rate could face fresh losses if a bearish market lightens up in its view on the prospec…

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30 June 2020 The Pound-Canadian Dollar Rate Finds Support after Canadian GDP Data Sees Loonie Falter

The Pound-to-Canadian Dollar rate reversed course and traded higher Tuesday after Statistics Canada indicated that only a tepid economic recovery was underway in May, after reporting historic …

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