📈 Exchange Rate Anxiety: Horizon Currency's money transfer specialists are on hand to deal with questions. Send Your Question Now.
📈 Exchange Rate Anxiety: Horizon Currency's money transfer specialists are on hand to deal with questions. Send Your Question Now.
The Pound-to-Canadian Dollar rate has been left testing a key level of technical support that will be at risk over the coming days from both domestic as well as international factors, from the Bank of England (BoE) to the performance of global stock markets, which will be key to risk appetite in the wider market.
June 14,2020
The Pound-to-Canadian Dollar rate was treading water on Friday but has this week established a foothold around the midpoint of its recent trading ranges, leaving perched atop the 1.70 level and positioned for a modest recovery in the event that risk appetite continues to soften.
June 12,2020
The Pound-to-Canadian Dollar rate was in recovery mode Wednesday after reclaiming its 200-day moving-average and is tipped by technical analysts for a period of recovery following weeks of punishing declines.
June 10,2020
The Canadian Dollar's rally is forecast to run out of steam by analysts at ABN AMRO who warn the currency will be hit by another bout of market and oil price weakness.
June 9,2020
The Pound-to-Canadian Dollar rate could buckle at the knees this week after Friday's show-stopping jobs reports gave the Loonie a fresh lease of life that means Sterling now needs to run even faster than it has done in recent times, just to avert fresh declines against its Canadian counterpart.
June 7,2020
The Pound edged higher against the Canadian Dollar on Friday as a wave of Brexit-related relief offset the Loonie's boost from official data that revealed a surprise increase in employment for the month of May.
June 5,2020
The Pound-to-Canadian Dollar rate is facing a lengthy stretch below the 1.70 handle according to BMO Capital Markets forecasts, suggesting that any improvements seen over the coming weeks could be as good as they get for Sterling denominated buyers of the Canadian currency.
June 4,2020
Page 91 of 208
