The Pound-to-Canadian Dollar rate rose last week as the oil sensitive Loonie was punished more in a global risk sell-off than Sterling, helping to keep the technical uptrend alive on the charts although the first signs of a coronavirus outbreak in the UK could mean support for the British currency is tested over the coming days. 

March 1,2020

The Canadian Dollar continued to unravel alongside oil prices and stock markets Thursday, falling against most rivals including an unusually weak U.S. currency but the Loonie still managed to hold off a Brexit stricken Pound Sterling.

February 27,2020

The Pound-to-Canadian Dollar rate was on course for a fourth consecutive gain Tuesday with the North American currency remaining on the back foot as fading risk appetites weighed on commodities including oil, although some analysts say the exchange rate has scope to rise further.

February 25,2020

The Pound-to-Canadian Dollar rate softened last week but its six-month uptrend remains intact and both technicals as well as fundamentals could aid the exchange rate higher over the coming days.

February 23,2020

The Canadian Dollar ceded ground to a stronger Pound on Friday after retail sales disappointed the markets and cast a fresh cloud of uncertainty over the outlook for Bank of Canada (BoC) interest rate policy and what is still 2020's highest-yielding major currency. 

February 22,2020

The Pound has had its wings clipped this week and could be slow to regain the initiative over the Canadian Dollar in the coming months, according to the latest CIBC Capital Markets forecasts which were downgraded on Thursday due to lingering concerns about the UK economic outlook. 

February 21,2020

The Pound-to-Canadian Dollar rate uptrend was at risk of failure in noon trading Wednesday as the market neared a crucial technical support level, which must remain intact in order to preserve the summer 2019 recovery of the exchange rate. 

February 20,2020

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