The Pound-to-Canadian Dollar rate closed its best week since January 2009 Friday after Sterling benefited disproportionately from a week-long recovery of risk assets that led to a bullish developme…
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The Canadian Dollar was left jilted on Friday by a Bank of Canada (BoC) decision to cut the cash rate to the "effective lower bound" and to launch a quantitative easing program that will see it buy…
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The Pound-to-Canadian Dollar rate was stabilising around a key level on the charts Tuesday even after the UK entered its first day of a so-called 'lockdown,' although it might need the improved moo…
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The Canadian Dollar is being tipped to experience further weakness by analysts at a global investment bank, who say the hit to oil prices and further action at the Bank of Canada are two reasons to…
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asThe Canadian Dollar was firmer on Thursday as investors cheered actions by the government and central bank cavalry that have calmed flighty risk markets overnight although the Loonie risks fa…
Read more … →The Pound-to-Canadian Dollar rate closed its worst week since the October 2016 Sterling flash-crash on Friday after suffering a near-3% loss but it was finding support on the charts Sunday and coul…
Read more … →The Canadian Dollar advanced on the Pound and U.S. Dollar Friday in a curious reaction to the Bank of Canada (BoC) suprising markets with a second large interest rate cut in as many weeks.
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