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The Pound is seen entering a short-term downtrend against the Canadian Dollar but we caution that the broader context for GBP/CAD remains one of choppy price action, so be aware.
May 14,2019
The Canadian Dollar shot higher and recovered earlier losses from many rivals Friday after official data showed the economy creating new jobs at a rapid clip in April, almost making a mockery of a consensus that had looked for only meagre growth.
May 10,2019
The Canadian Dollar could become a target for short-sellers over the coming days if markets are right in fearing an imminent escalation of the so-called trade war between the world's two largest economies, some analysts say.
May 10,2019
The Pound vs. Canadian Dollar exchange rate forecast for the coming week: the technicals suggest further gains while the outcome of cross-party Brexit talks and Canadian employment data will provide the fundamental focus.
May 6,2019
The Bank of Canada - and markets in general - stand accused of being overly pessimistic about the Canadian economy's prospects by NBC who say an improvement in sentiment over coming months will allow the Canadian Dollar to rise into the end of 2019.
May 3,2019
The Pound-to-Canadian Dollar rate has hit a strong band of resistance at 1.75 which is capping upside and suggests downside risks are heightened, say Shaun Osborne, an analyst with Scotiabank in Toronto.
May 1,2019
The Canadian Dollar wobbled while trading on its front foot against many rivals Tuesday after official data revealed a surprise February contraction in the economy, vindicating the Bank of Canada (BoC) for its anaemic estimate of growth for the first-quarter overall.
April 30,2019
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