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The Canadian Dollar benefits from a more robust central bank outlook whilst the Pound looks the more vulnerable as a result of Brexit uncertainty.
November 1,2016
A heightened chance of the BOC cutting interest rates or introducing QE is expected to strengthen the pair when combined with a stronger outlook for the Dollar based on firming rate hike expectations.
October 27,2016
Pound makes a tentative recovery against CAD on hopes of a soft Brexit option and bad news on EU-Canadian trade deal.
October 25,2016
The GBP/CAD pair has stayed in the mid-1.61s following the Bank of Canada (BOC) rate meeting on Wednesday evening.
October 21,2016
The Canadian dollar usually has a Siamese closeness to oil, but this has broken down recently due to the forces pushing black gold higher, argues CIMC’s Avery Shenfield.
October 19,2016
CAD potentially lifted by oil may dig flash crash depths whilst analysts argue about whether all the Brexit bad news has now been absorbed by sterling.
October 18,2016
The GBP/CAD pair pushed lower at the start of the week after a deal between Russia and OPEC to raise prices by cutting the supply of oil led to a rebound in CAD.
October 14,2016
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Horizon Currency's dealing desk is here to answer any questions you have about the market.
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