The Pound's near-term setup against the Canadian Dollar is one of consolidation but with an eventual upside bias.
May 7,2024
The Canadian Dollar rose after the Bank of Canada Governor sought to push back against a recent increase in expectations for interest rate cuts.
May 2,2024
The Canadian Dollar lost ground against the U.S. Dollar, Pound and Euro last month, but a leading international payment specialist says losses won't extend as far as some fear.
May 1,2024
The Canadian Dollar will remain under pressure against a host of its G10 rivals as a slowing economy invites a mid-year interest rate cut at the Bank of Canada.
April 30,2024
The Pound to Canadian Dollar exchange rate's technical setup looks supportive of further near-term gains, but much will depend on this week's Macklem speeches and the U.S. payroll report.
April 29,2024
The Pound's outlook against the Canadian Dollar has undergone a significant shift in fortunes, potentially tilting from an upside bias to a downside bias in the space of just two days.
April 22,2024
The Canadian Dollar was sold after Canadian inflation data printed softer than expected and raised the odds of a June rate cut at the bank of Canada.
April 16,2024
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