"Also weighing on the loonie in early 2022 will be a lack of upside in commodities. Demand for oil will be hampered in the near term by the spread of omicron globally" - CIBC.
December 21,2021
December 16,2021
National Bank of Canada says the recent decline in the value of the Canadian Dollar merely makes it even more undervalued relative to fundamentals, as they forecast gains in 2022.
December 7,2021
"We suspect that barring a clear scientific consensus pointing to a limited impact from the Omicron variant, this uncertainty will likely curtail investor willingness to “buy the dip” in CAD." - Credit Suisse.
December 3,2021
Currency tacticians at HSBC are looking for the Canadian Dollar to underperform the U.S. Dollar into year end, although it could be in for gains against the Euro says JP Morgan.
November 24,2021
The Pound to Canadian Dollar rate has attempted to draw a line under a two-month run of losses and could find itself well supported above 1.6912 this week.
November 22,2021
November 18,2021
GBP/CAD looks to stabilise above 2021’s low near 1.6700, aided by cleaner pricing of BoE & full expectations for Bank of Canada policy.
November 8,2021
Foreign exchange analysts at Canadian lender CIBC show rising headwinds to the Canadian Dollar over coming months, suggesting the best part of 2021's performance has now past.
September 30,2021
RBC Capital Markets have anointed a recommendation to sell the Pound-to-Canadian Dollar exchange rate (GBP/CAD) as their "trade of the week".
September 27,2021
GBP/CAD sees support around 1.75 & 1.7340 further down but may struggle to keep head above water this week.
September 13,2021
The Pound and Euro are predicted to maintain a slight positive bias against the Canadian Dollar in the near-term by a noted currency analyst at one of Canada's main lenders.
September 8,2021
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