A succesful renegotiation is still seen as most likely but break-up risk will increase once beyond March 2018, raising the threat level for the Canadian Dollar.
November 22,2017
The highlights of the week ahead are the conclusion of trade talks between the US and Canada and the UK Autumn Budget, whilst the charts are showing a tentative uptrend advancing higher.
November 20,2017
A breakup of the NAFTA block could see the USD/CAD rate go past 1.3225 which, in turn, which could help push Pound-to-Canadian-Dollar much higher.
November 17,2017
Broader financial markets have shrugged off the oil price rise a temporary phenomenom, the Canadian economy is slowing and the BoC has turned dovish.
November 15,2017
The Pound-to-Canadian Dollar has corrected back recently but analysts think this may just be a temporary pull-back before the pair resumes its short-term uptrend.
November 13,2017
The fading effect of the Trudeau government's programme of public works and generous spending is set to dampen inflation and impact negatively on the currency.
November 10,2017
A presumption that the breakdown in correlation between the Loonie and oil prices will continue could prove misplaced, particularly if crude continues to surge over the coming weeks.
November 9,2017
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