The last six months saw traders amass their largest net-long position in the Canadian Dollar since 2012 but this is now at risk from softening economic data, a go-slow Bank of Canada and a breakdown in the NAFTA negotiations.
October 25,2017
A volatile cocktail of bullish bottoming chart pattern and key Bank of Canada (BOC) rate meeting next week could lead to some big moves for the Pound-to-Canadian Dollar we believe.
October 23,2017
Underlying inflation pressures are still "missing in action", leading to a steady core-CPI number, while a fall in takings at food and beverage stores drove the decline in retail sales.
October 20,2017
The Canadian Dollar was seen lower after a key survey of Canadian economic strength suggests activity might have peaked.
October 16,2017
The starts the new week buying 1.6581 Canadian Dollars on the spot at the time of writing, having opened the week at C$1.6580 thanks to the decent 1.18% gain made in the previous week.
October 16,2017
The Canadian Dollar has been the best performing currency over the last 24-hours but short-term strength belies longer-term risks, particularly from volatile trade relations with America.
October 12,2017
The Pound-to-Canadian Dollar must be causing traders a headache as it has changed direction once again.
October 11,2017
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