The Pound to Canadian Dollar (GBP/CAD) exchange rate weakened at the start of the week as rising oil prices supported the ‘Loonie' while renewed UK political uncertainty weighed on Sterling. At the time of writing, GBP/CAD was trading around CA$1.8602, down 0.2% on the day.
USD/CAD: Technical downtrend favors Canadian Dollar – Scotiabank
USD/CAD: Bearish bias holds below resistance – Scotiabank
The Pound to Canadian Dollar (GBP/CAD) exchange rate saw choppy trade last week as geopolitical developments and central bank decisions drove volatility. At the time of writing, GBP/CAD was trading around CA$1.8464, fluctuating between highs near CA$1.8508 and lows around CA$1.8407.
USD/CAD: Limited downside before Q4 – Commerzbank
USD/CAD: Bearish tone caps rallies – Scotiabank
USD/CAD: BoC cautious as CAD seen choppy – TD Securities
USD/CAD: Range levels watched as BoC holds – Societe Generale
USD/CAD: Bearish momentum targets March lows – Scotiabank
USD/CAD: Choppy range then softer bias – TD Securities
USD/CAD: Limited upside within bearish setup – Scotiabank
The Pound to Canadian Dollar (GBP/CAD) exchange rate traded sideways on Wednesday, as mixed UK inflation data and fluctuating oil prices kept both currencies rangebound. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.8455 (+0.02%)Euro to Canadian Dollar (EUR/CAD): 1.59996 (-0.26%)Dollar to Canadian Dollar (USD/CAD):.