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…
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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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The Canadian Dollar was rescued from close to a 2019 low Friday after official data revealed a sharp pickup in economic growth at the end of the first quarter, although the Loonie still faces headw…
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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 g…
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The Canadian Dollar was on its back foot Wednesday as oil prices declined in a risk-averse market and after the Bank of Canada (BoC) appeared to suggest it could be quite some time before it lifts …
Read more … →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 client…
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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.
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