Fundamental analysis of GBP/CAD

A Super Thursday is coming! The Bank of England will hold a monthly meeting on Thursday, at 14:00 MT time. Despite recent rumors on negative interest rates, analysts widely anticipate the regulator to leave its policy unchanged with the rate at 0.1% and the bond-buying scheme. The Bank is expected t...

The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away. What happened? The European Commission claimed on Thursday that it would give a deadline up to the end of September to ...

GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September. The bank has recently given a recommendation to its clients to sell GBP/CAD. "We tactically sell a basket of EUR & GBP versus CAD, t...

Relevance up to 08:00 2019-11-30 UTC+1 Another weak inflation data in Germany confirmed the existence of problems due to which the European Central Bank has to keep rates at zero and negative levels. According to the report, consumer prices in Germany in November this year declined more significa....

Traders like central bank meetings as they drive markets a lot. It doesn’t matter whether it is a rate hike or just clues on the economic conditions, the currency suffers a high volatility. The Bank of Canada will release the interest rate on October 24. The market is looking for the rate hike. As a...

Recent tensions between the US and Canada about the North American free trade agreement (NAFTA) renegotiations as well as Brexit uncertainties brought weakness to the Canadian and British currencies. As a result, GBP/CAD keeps struggling with turbulence following the speeches of government members, ...