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Technical studies suggest the Pound is likely to remain under notable pressure against the Canadian Dollar over coming days and weeks. But, watch British employment numbers and Canadian inflation data this week for near-term volatility.
May 13,2018
The Canadian Dollar pared earlier gains in the final session of the week after the latest labour market report showed Canada's economy shedding jobs during the April month when traders had looked for a healthy gain in employment.
May 11,2018
The Canadian Dollar rose across the board Wednesday as traders responded to President Donald Trump's decision to withdraw the US from the so called Iran nuclear deal with a steady bid for oil linked currencies, although some strategists are describing this move as a "sell-able bounce".
May 9,2018
Exchange rate forecasts, economic data, events, and analysts' views for the GBP/CAD pair in the week ahead.
May 8,2018
The Canadian Dollar pared back earlier gains over the majors Thursday as markets responded to data showing a steep widening in the Canadian trade deficit, to record levels, during March.
May 3,2018
Upbeat commentary about Canada contrasts with that of the UK leading to a sell-off in the exchange rate.
May 2,2018
The Canadian Dollar rose Tuesday as markets responded to a better than expected February GDP number and the latest developments around international trade, which saw Canada gain another exemption from White House tariffs on imported aluminium and steel.
May 1,2018
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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.
