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The Canadian Dollar was sold across the board as fissures in Canada's jobs market opened, leading to increased bets the Bank of Canada can no longer afford to delay cutting interest rates.
April 8,2024
There is a definite feel in the air that the Pound's outlook against the Canadian Dollar has flipped to the downside amidst strengthening U.S. data and rising oil prices.
April 2,2024
The data shows the Canadian Dollar tends to benefit from strong seasonal dynamics in April.
March 27,2024
The Pound to Canadian Dollar exchange rate is likely to pull back to a key support level in the short term, but the multi-week setup remains constructive.
March 25,2024
The Canadian Dollar fell after it was reported Canadian inflation was softer than markets were expecting in February, opening the door to Bank of Canada rate cuts.
March 19,2024
GBP/CAD hit its highest level in years just last week, but there has been no follow-through, meaning this could be a pivotal week for the pair.
March 18,2024
A major Canadian bank predicts more noticeable Canadian Dollar weakness over the coming months as the Bank of Canada confronts the reality that interest rates are too restrictive.
March 14,2024
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