09 August 2019 Canadian Dollar Sold after July Jobs Data Shocks Markets

The Canadian Dollar hit the ropes Friday after official data revealed a second consecutive contraction in employment during July and a surprise spike in the unemployment rate, which has further und…

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08 August 2019 The Canadian Dollar has Ceded its G10 Crown to the Yen and is Now Tipped as a Sell

The Canadian Dollar rose Thursday, recovering some of the ground lost to its U.S. and British rivals earlier in the week, but analysts at UBS and CIBC Capital Markets are now warning of a lurch to …

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05 August 2019 Pound-to-Canadian Dollar Rate Week Ahead Forecast: Downtrend Tipped to Continue Despite Hints of a Bottom

GBP/CAD is experiencing a shallow sideways consolidation which is unlikely to result in a reversal higher as it is capped by a major trendline, our suspicion is the downtrend will probably res…

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02 August 2019 Canadian Dollar Defiant in Face of Resilient U.S. Rival but Opinion Divided on Outlook

The Canadian Dollar has been resilient in the face of a stabilising U.S. rival this week and it remains the best performer in the G10 universe for 2019 but opinion is divided about the outlook…

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31 July 2019 The Canadian Dollar Shines after Economic Outperformance Continues with Third GDP Surprise

The Canadian Dollar rebounded from earlier losses Wednesday after May GDP data left Canada's veneer of economic exceptionalism alive and well deep into the second quarter, reinforcing market expect…

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30 July 2019 Pound-to-Canadian-Dollar Rate Seen Heading to New Post-referendum Low as Brexit Selling Intensifies

The Pound plumbed new depths against the Canadian Dollar for the 2019 year Tuesday but is in danger of falling to what would be its lowest levels since a long time before the Brexit referendum of 2…

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28 July 2019 Pound-to-Canadian Dollar Rate 5-Day Forecast: Bullish Reversal Possibile

Studies of GBP/CAD suggest the pair may have put in a bottom and be about to reverse trend and rise.

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