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The collapse in the price of crude oil has weakened the Canadian Dollar against many currencies, but not against the Pound which is even weaker.
June 21,2017
The Canadian Dollar is benefiting from a positive assessment from the Bank of Canada, and assuming data continues to be positive in the week ahead will probably have the upper hand over politically risk sensitive Sterling.
June 19,2017
The Canadian Dollar could be at risk of falling against the Pound Sterling over the near-term.
June 16,2017
The Pound to Canadian Dollar has declined steeply from highs of 1.78 in May to the current level in the 1.68s, however, now it has paused to consolidate before its next move.
June 15,2017
Despite making gains across the board, the British Pound has struggled against the Canadian Dollar which was boosted by a shift in tone at the Bank of Canada.
June 13,2017
The Pound to Canadian Dollar sold off steeply after an inconclusive election result weighed on the Pound.
June 12,2017
The Pound to Canadian Dollar fell over 2.3% overnight after the UK election returned a politically unstable hung parliament.
June 9,2017
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.
