The Pound-to-Canadian-Dollar rate traded sideways last week, holding the one-month highs seen at the beginning of June, and one strategist says the currency pair should continue to edge higher during the current week. 

June 18,2018

The Canadian Dollar fell Friday financial markets markets faced up to the increasingly likely prospect that efforts to rengotiated the North American Free Trade Agreement will now drag on toward year-end and as traders responded to the latest developments in oil markets. 

June 15,2018

The Canadian Dollar fell broadly Monday as markets contemplated the implications of a worsening spat between President Donald Trump and Prime Minister Justin Trudeau and, according to the latest forecasts from J.P. Morgan, the currency could remain under pressure through the rest of 2018. 

June 11,2018

Exchange rates

The GBP/CAD pair has reached a zone of resistance at the 50-day MA. Datawise, Sterling could move notably on a slew of heavy-hitting UK data releases while the Canadian Dollar will be tied to NAFTA and trade headlines.

June 10,2018

The Canadian Dollar weakened against many of its developed world rivals Friday as traders responded to a disappointing set of jobs numbers for May while also responding to a developing trade spat between Prime Minister Justin Trudeau and US President Donald Trump.

June 8,2018

The Canadian Dollar weakened broadly Thursday despite signs of a tentative recovery in oil prices, making it one of only two so called G10 currencies to cede ground to the US Dollar, and the latest analyst commentary on the Loonie suggests this underperformance can continue for a while yet.

June 7,2018

The Canadian Dollar surged against the Pound and US Dollar Wednesday as traders responded to a sharp narrowing of the Canadian trade deficit in April and the latest developments in the saga around the North American Free Trade Agreement.

June 6,2018

Page 136 of 202

Need Help? WhatsApp me.

Horizon Currency's dealing desk is here to answer any questions you have about the market. 

Sam is one of our specialists and can be WhatsApped questions via this link.