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The Canadian Dollar rose sharply after Canadian retail sales rose by 2.2% compared to the month before
March 22,2017
The Pound to Canadian Dollar exchange rate has been consolidating within a fairly narrow range between 1.62 and 1.65 for several weeks now, but now it is starting to show signs of directional activity.
March 20,2017
The price of crude oil fell 9% last week as inventory data showed stockpiles rising whilst data from futures exchanges showed a record high number of long or buy positions.
March 13,2017
Concerning the near-term outlook, the exchange rate has now formed a possible double bottom reversal pattern at the lows which could signal a reversal of the downtrend if it results in activation by way of a break higher.
March 13,2017
We look to the weekly chart form inspiration on the Pound to Canadian Dollar Pair, which has just broken above a key long-term trendline in a bullish move higher.
March 6,2017
The Canadian Dollar is expected to weaken versus all its major trading partners over the next two years, according to analysts’ predictions at Investment Bank CIBC Capital markets.
March 2,2017
The Canadian Dollar could benefit against the US Dollar on month-end flows while against the British Pound and the Euro it retains a mild bullish tone.
February 27,2017
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