GBP/CAD is showing a downside bias although major hurdle is preventing follow-through.
December 12,2016
Forecasts show Sterling weakening to 1.55 at the start of 2017 before rebounding to 1.63 at the end of 2017.
December 8,2016
The main driver for CAD in the week ahead will be oil prices rather than yield differentials, says Stephen Gallo of BMO Capital Markets.
December 7,2016
The GBP/CAD could rise this week due to a potentially dovish Central Bank commentary, and increasing Pound strength on soft Brexit hopes.
December 5,2016
The 171st OPEC Meeting is Underway in Vienna; Current Feedback Suggests a Deal Has Already Been Brokered and Conversations are Now About Logistics; GBP/CAD is Technically Vulnerable to a Breakdown.
November 30,2016
The Canadian Dollar is likely to rise versus the pound after Wednesday’s OPEC meeting when the oil exporting cartel will probably seal a supply deal.
November 29,2016
GBP/CAD is likely to be driven by whether oil producers agree a supply cap at their meeting on Wednesday.
November 28,2016
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