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GBP/CAD kissed a new two-year high at the start of the new week, but is now pulling back.
March 11,2024
Canada reported a stronger-than-expected jobs report, but it was insufficient to prevent GBPCAD from hitting a new 6-month high at 1.7314.
March 8,2024
The Canadian Dollar surged after the Bank of Canada told markets interest rates would not be cut in April.
March 6,2024
GBPCAD looks constructive heading into this week's UK budget and Bank of Canada policy decision.
March 4,2024
The Canadian Dollar was boosted across the board by a set of better-than-expected economic growth figures; however, gains will be constrained by the details of the report that showed domestic demand remains in contractionary territory.
February 29,2024
Commerzbank analyst Michael Pfister predicts the Canadian Dollar will appreciate against the U.S. Dollar, Pound and Euro over the coming months.
February 27,2024
GBP/CAD is underpinned by constructive technical conditions and we doubt Thursday's Canadian GDP release will dent the pair's short-term upward progress.
February 26,2024
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