There are signs the GBP/CAD exchange rate could be resuming its longer-term downtrend and a break below 1.6200 would provide confirmation of this view.
Read more … →The GBP/CAD exchange rate is looking constructive in the short-term and may even be forming a longer-term bottom, say analysts at Scotiabank, suggesting it is more likely to rise than fall in the fโฆ
Read more … →If GBP/CAD can break above the 1.6692 highs it will probably confirm an extension higher to a target at about 1.6825.
Read more … →Oil production cuts caused by the recent drone attack on Saudi Arabia may not be outright bullish for the Canadian Dollar according to analysis from National Bank of Canada.
Read more … →The Canadian Dollar was higher against most rivals Thursday amid another bump in oil prices but is fast running out of road, according to economists at CIBC Capital Markets, who're tipping the Loonโฆ
Read more … →The Canadian Dollar posted a mixed performance Tuesday, softening against the greenback but gaining over Sterling, as markets responded to inflation figures for the month of August but multiple anaโฆ
Read more … →The Canadian Dollar pared gains from the overnight session during early trading Monday but could continue to receive support in the coming days from spike in the oil price brought on by a supply shโฆ
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