15 April 2020 Pound-Canadian Dollar Rate Eyes Top of Range after Bank of Canada Expands QE Programme

The Pound-Canadian Dollar rate was on course to test the top of a multi-month range Wednesday after the Bank of Canada (BoC) expanded its maiden quantitative easing programme and said that it will …

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15 April 2020 Canadian Dollar Feels the Pull of Sliding Oil Prices

The Canadian Dollar has come under fresh pressure in mid-week trade amidst a souring of investor sentiment, which appears to be sparked by a decline in oil prices which are falling amidst a sharp s…

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14 April 2020 Pound a "Buy on Dips" against Canadian Dollar says Analyst as OPEC+ Deal Weighs

The Canadian Dollar's ascent against the U.S. Dollar remains intact owing to a broad-based retracement of the Greenback in line with improving global investor sentiment built on the assumption that…

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12 April 2020 Pound-Canadian Dollar Week Ahead: Stuck in a Range as Investors Seek Peak of Mount Coronavirus

The Pound-Canadian Dollar rate closed a second consecutive week Friday having changed little from the prior period and now appears to be setting itself up for a period of range-trading between well…

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09 April 2020 Canadian Dollar Gets Cold Shoulder as Appetite Curtailed by OPEC+ Uncertainty 

The Canadian Dollar was left out in the cold on Thursday even as oil prices rallied ahead of another Organization of Petroleum Exporting Countries (OPEC) meeting in which a months-long trajectory o…

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07 April 2020 The Pound-Canadian Dollar Rate Eyes OPEC+ and Virus Count after Finding Support on Charts

The Pound found support on a cluster of moving averages Tuesday after ceding close to 200 points to the Canadian Dollar to open the week, although oil prices and coronavirus infection numbers are k…

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05 April 2020 Pound-Canadian Dollar Rate Week Ahead: Eyes On 1.68 as Loonie Cheers Oil Recovery, Virus Slowdown

The Pound-Canadian Dollar rate ended last week with only a fractional loss but the going could very easily get a lot tougher for this British exchange rate over the coming days, with technical and …

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