The Pound to Canadian dollar exchange rate receded further from recent multi-year highs last week but the author’s model suggests it should remain well supported above 1.7660 over the coming days, and that it could have scope to retest the 1.78 handle in some circumstances.
August 6,2024
GBP/CAD retains a constructive setup, but the coming week could see some of the recent moves retraced as investors account for a potential Bank of England interest rate rise on Thursday.
July 29,2024
The Canadian Dollar has fallen across the board after the Bank of Canada cut interest rates for the second time in as many months.
July 24,2024
The Pound to Canadian Dollar exchange rate is close to three-and-a-half-year highs as the Bank of Canada looks to cut interest rates again this week.
July 22,2024
The Canadian Dollar is one of the better-performing G10 currencies following the release of Canadian inflation figures, which question the appropriateness of another Bank of Canada interest rate cut as soon as the July meeting.
July 16,2024
GBP/CAD has rallied to a new three-and-a-half-year high at 1.7720, but the odds of a pullback in the coming days are high with inflation figures due either side of the Atlantic.
July 15,2024
UK-based Canadian Dollar buyers are looking at their best exchange rates in months after a U.S. inflation report shook currency markets.
July 12,2024
Page 8 of 207
