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The Australian Dollar is being tipped to outperform peers with foreign exchange strategists saying Australian exports should benefit from an earlier rebound in resources demand and from having successfully contained the pandemic.
June 25,2020
The Pound-to-Canadian Dollar rate retreated Wednesday after failing to overcome its 21-day moving-average previously and as a U.S. threat of new tariffs for British goods levelled the playing field between Sterling and the Loonie.
June 25,2020
The Canadian Dollar underperformed Tuesday as the threat of another tariff dispute with the U.S. saw it cede ground to the greenback while enabling the Pound-to-Canadian Dollar rate to recover further from a three-month low.
June 23,2020
The Pound-to-Canadian Dollar rate furthered a multi-week breakdown into a new, lower range last week as the Loonie proved more resilient to a rebound by the greenback and Sterling undeperformed, although March crisis period lows could beckon the British currency over the coming days.
June 21,2020
The Canadian Dollar was wobbled on Friday by a collosal fall in retail sales for the month of May that showed consumer spending falling further than markets anticipated while offering respite to a battered and bruised Pound Sterling.
June 21,2020
The Pound-to-Canadian Dollar exchange rate was stumbling toward June lows in a make-or-break sesssion for the short-term outlook on Thursday just hours out from the latest Bank of England (BoE) policy decision.
June 18,2020
The Canadian Dollar is being tipped to maintain a bullish tone over coming weeks by analysts at a leading investment bank, who observe the fundamentals underpinning the currency continue to improve.
June 16,2020
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