The GBP/CAD rate has undergone a sharp correction and we no longer see the potential for further gains in the short-term as has been the case in our recent week ahead forecasts.
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The Canadian Dollar has decisively overcome a key technical resistance barrier on the charts but is now tipped by CIBC Capital Markets and TD Securities to consolidate within a narrow range ahead o…
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The Canadian Dollar softened Wednesday after an upbeat survey reading from the Bank of Canada (BoC) sent the currency head-on into a major resistance level on the charts in the prior session, which…
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The Canadian Dollar was creeping higher again Tuesday following the conclusion of the 2019 general election and is now tipped to take its cues from the Bank of Canada's (BoC) third-quarter Business…
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The Canadian Dollar was creeping higher Monday even as voters prepared to choose the country's next government and is being tipped by some for further gains over the coming days irrespective of the…
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GBP/CAD is now looking to be rising within an established uptrend and the bias is for further advances, but some hefty resistance must first be overcome.
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We find there are a number of factors that should keep the Canadian currency supported going forward, but the potential for a bout of political uncertainty on the horizon poses one notable headwind…
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