The Pound-to-Canadian Dollar exchange rate's downtrend is stalling, and there is now a risk the pair could reverse higher, according to technical studies.
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The Pound-to-Canadian-Dollar rate jumped Wednesday as investors lightened up bets against the British currency as the UK following the conclusion of the Conservative Party leadership election but S…
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The Canadian Dollar softened against its U.S. counterpart Tuesday but continued to trounce all of its other rivals in the G10 league table, although the Loonie's dominance of the developed world cu…
Read more … →The Pound-to-Canadian-Dollar rate was trading at around 1.6311 early Monday after fallling around half a percent in the previous week, although studies of the charts suggest the pair could be about…
Read more … →The Canadian Dollar retreated further from recent highs against its U.S. counterpart and the Pound Friday after retail sales figures surprised on the downside for a second consecutive month, prompt…
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The Canadian Dollar softened with inflation on Wednesday, as markets responded to official data published by Statistics Canada, although the Loonie retains its seemingly unassailable grip on the to…
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The Pound could see its downside momentum against the Canadian Dollar continue to fade over the short-term, but we are wary that the overarching negative trend of recent weeks could restart at any …
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