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GBP/CAD's down-trend resumed on Wednesday after the Bank of Canada left rates unchanged leading helping the Canadian Dollar to strengthen
July 14,2016
“We continue to look for a higher USD CAD into the close of the year, albeit have moderated our year-end target back to 1.35.” - Jeremy Stretch at CIBC Markets.
July 5,2016
The exchange rate looks to be poised to extend its trend lower, targeting 1.7000 initially
July 4,2016
Can the USD/CAD break above 1.31, is GBP/CAD likely to go even lower after plumbing the depths post Brexit, and is EUR/CAD ready for a bullish surprise comeback?
July 1,2016
A break below key lows in the 1.75s following Brexit has led to the formation of an ominous looking top for the pair.
June 27,2016
Down-trend is broadly expected to resume, although Canadian Retail Sales may surprise to upside stalking the loonie's decline.
June 21,2016
The GBP to CAD exchange rate is looking increasingly confident but we do warn that a period of consolidation could be on the cards.
May 23,2016
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