The Pound-to-Canadian-Dollar rate is likely to see further losses before the year is out, according to the latest forecasts from Scotiabank, which have been downgraded due to the unforeseen resigna…
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The Canadian Dollar was probing five-month has against its U.S. and UK rivals Monday but local analysts are divided over whether the Loonie can hold these lofty levels during the months ahead, with…
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The GBP/CAD exchange rate is trading at 1.6888 at the start of the new week, after falling over a percentage point in the previous week. Studies of the charts suggest that the exchange rate is set …
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The Canadian Dollar extended its riposte against the U.S. Dollar and many of its G10 rivals Friday after jobs numbers for the month of May surprised on the upside for a second month running, sugges…
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The Canadian Dollar was on its front foot against a weakened U.S. greenback Friday amid high hopes that U.S. tariffs on Mexican goods can be avoided, but the final session of the week will be an im…
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The Pound-to-Canadian-Dollar rate is biased to weaken both from a fundamental and technical perspective, according to analysts at Scotiabank, who say the exchange rate is likely to slip beneath the…
Read more … →Further sideways trading in GBP/CAD is possible over coming days but we are on the alert for a bigger move lower owing to the GBP/CAD's decline during May which makes the the medium-term trend (mul…
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