GBP/CAD is capped by a key technical hurdle and risks a deeper setback if the U.S. Dollar rallies ahead of the U.S. election.
October 28,2024
ING says the Canadian Dollar can prove a useful market hedge against a win by Donald Trump in the November 05 presidential election.
October 24,2024
The Canadian Dollar's sensitivity to a 'dovish' Bank of Canada is on the wane.
October 23,2024
GBP/CAD is capped by a couple of significant technical resistance layers amidst focus on this week's Bank of Canada interest rate cut.
October 21,2024
The Bank of Canada will lower interest rates with two back-to-back 50 basis point interest rate cuts, which means a weaker Canadian Dollar than previously predicted.
October 17,2024
The Canadian Dollar was sold after inflation proved softer than markets were expecting in September.
October 15,2024
GBP/CAD is forecast to maintain its broader uptrend in the coming days.
October 14,2024
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