21 November 2019 The Canadian Dollar is Bought after BoC Stokes Loonie's Fire, but Uncertainty Lingers

The Canadian advanced against the Pound and U.S. greenback Thursday after Bank of Canada (BoC) Governor Stephen Poloz used an address to the Ontario Securities Commission to relight the Loonie's fi…

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20 November 2019 Canadian Dollar Rescued by Near-target Inflation but Beware, the BoC is Turning

The Canadian Dollar was rescued from month-long lows Wednesday by near-target inflation figures for the month of October but the Loonie will be vulnerable to the U.S. Dollar and Pound Sterling in t…

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17 November 2019 The Pound-Canadian Dollar Rate in the Week Ahead: A Dip Lower is Possible as Loonie Recovers Poise

The Pound-to-Canadian-Dollar rate risks dipping lower through the opening stage of the new week but the uptrend that was born back in August is still intact and continues to point the exchange rate…

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14 November 2019 The Pound-Canadian Dollar Rate is Still Poised to Reclaim Its March 2019 High, Charts Suggest

The Pound-to-Canadian-Dollar rate remains on course to return to its March 2019 high in the weeks and months ahead but could continue to consolidate within a narrow range for the time being, accord…

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10 November 2019 Pound-Canadian Dollar Rate Week Ahead Forecast: 200-Day Average Providing a 'Floor', Risk of More Upside

Studies of the GBP/CAD charts show mixed forces at play, but we see a marginal bias towards more upside given the more established longer-term trends.

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08 November 2019 Canadian Dollar Exends Declines after Jobs Market Puts BoC Under Spotlight

The Canadian Dollar extended losses Friday after official data appeared to suggest the jobs market ran out of gas in October, which has strengthened the case for a Bank of Canada (BoC) interest rat…

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06 November 2019 Pound-Canadian Dollar Rate Seen On Course for March 2019 High 

The Pound-to-Canadian-Dollar outlook has turned bullish across all axes on the charts, according to strategists at Scotiabank, priming it for an extended move higher that could ultimately take the …

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