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…

Read more … →
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…

Read more … →
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…

Read more … →
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 …

Read more … →
29 June 2020 Pound-Canadian Dollar Week Ahead: Looking to Stabilise as CA GDP Data, Brexit Talks Loom

The Pound-to-Canadian Dollar exchange rate entered the new week on the front foot Monday but will be tested over the coming days and could struggle to hold its newly recovered ground as the week dr…

Read more … →
25 June 2020 Australian Dollar to Outdo the Canadian Dollar say Strategists

The Australian Dollar is being tipped to outperform peers with foreign exchange strategists saying Australian exports should benefit from an earlier rebound in resources demand and from having succ…

Read more … →
24 June 2020 Canadian Dollar Wobbles on U.S. Tariff Threat, Fitch Downgrade

The Pound-to-Canadian Dollar rate retreated Wednesday after failing to overcome its 21-day moving-average previously and as a U.S. threat of new tariffs for British goods levelled the playing field…

Read more … →