14 May 2020 Pound-to-Canadian Dollar Rate Dominated by Downside Risks after Loonie Draws Support from Oil Price Pickup

The Canadian Dollar outperformed many rivals Thursday after being lifted by an infectious optimism emanating from the oil market, which has helped the Loonie to keep a whimpering and wavering Pound…

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13 May 2020 The Pound-Canadian Dollar Rate: Headwinds Grow as Loonie Draws Algorithmic Bid from BMO Model

The Pound-Canadian Dollar rate was testing support around 1.72 Wednesday but headwinds are mounting for the British exchange rate as the Loonie draws an algorithmic bid from a BMO Capital Markets f…

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12 May 2020 The Pound-to-Canadian Dollar Rate: Upside Diminished by UK's Slowcoach Lockdown Exit and Brexit Risks

The Pound-Canadian Dollar rate has so-far found strong support at 1.72 but it's emerged from a week-long slide with its upside potential diminished, technical analysts say, and potentially with the…

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10 May 2020 Pound-Canadian Dollar Week Ahead: Risking Bottom of 2020 Range as Oil and Loonie Recover

The Pound-Canadian Dollar rate fell sharply last week as oil prices recovered by double-digit percentages and Sterling was weighed down by domestic concerns, although the the British currency …

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06 May 2020 Pound-Canadian Dollar Edges Lower into Multi-Week Range as Crude Oil Prices Play Positive for CAD

The Canadian Dollar's gradual trend of appreciation against the Dollar was on full display in mid-week trade amidst broadly buoyant investment conditions and a newfound strength in crude oil prices…

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05 May 2020 The Pound-Canadian Dollar Rate Nears Support and May be Aided by Fresh U.S.-China Tensions

The Pound-Canadian Dollar rate was on course for a second consecutive loss Tuesday but is expected to remain underpinned by a cluster of nearby technical support levels in the coming weeks and coul…

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03 May 2020 Pound-Canadian Dollar Week Ahead: Tug of War as Risk Assets Roll Over and Jobs Carnage Looms

The Pound-Canadian Dollar rate tested the top of its 2020 range last week but the two currencies are among the most vulnerable to any continued wobbles in the stock markets while each face a f…

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