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The Pound-to-Canadian-Dollar rate saw a moment of respite from previously-relentless selling on Friday, after the fLoonie was humbled by President Donald Trump's plan to impose tariffs on Mexican goods due to a dispute over migration, which is threatening the unratified update of the North American Free Trade Agreement (NAFTA).
May 31,2019
May 29,2019
The Pound was higher against a faltering Canadian Dollar Tuesday as the British currency stabilised and the Loonie ceded further ground to rivals, but analysts at Scotiabank have warned clients that such gains will not last for long, arguing the technical outlook for the pair is still 'bearish'.
May 28,2019
Sterling has declined in a long move lower against the Canadian Dollar during May, and although it rebounded at the end of last week, the dominant downtrend remains intact.
May 27,2019
Pound Sterling succumbed further to the overtures of a resurgent Loonie Thursday after March retail sales figures cheered the Canadian economy and as a Brexit-related crisis continued to brew in Westminster, threatening new lows for the Pound-to-Canadian-Dollar rate.
May 23,2019
The Pound is locked in a steady downtrend against the Canadian Dollar but markets will be watching a key support level to put an end to the run lower temporarily.
May 20,2019
The Pound-to-Canadian-Dollar rate plumbed fresh lows Friday and the Loonie bucked a global trend by besting the U.S. greenback after the White House lifted tariffs on imports of Canadian steel and aluminium, amid a return of 'no deal' Brexit risk.
May 17,2019
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