The Pound to Canadian Dollar exchange rate is likely to pull back to a key support level in the short term, but the multi-week setup remains constructive.
March 25,2024
The Canadian Dollar fell after it was reported Canadian inflation was softer than markets were expecting in February, opening the door to Bank of Canada rate cuts.
March 19,2024
GBP/CAD hit its highest level in years just last week, but there has been no follow-through, meaning this could be a pivotal week for the pair.
March 18,2024
A major Canadian bank predicts more noticeable Canadian Dollar weakness over the coming months as the Bank of Canada confronts the reality that interest rates are too restrictive.
March 14,2024
GBP/CAD kissed a new two-year high at the start of the new week, but is now pulling back.
March 11,2024
Canada reported a stronger-than-expected jobs report, but it was insufficient to prevent GBPCAD from hitting a new 6-month high at 1.7314.
March 8,2024
The Canadian Dollar surged after the Bank of Canada told markets interest rates would not be cut in April.
March 6,2024
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