The pound-Canadian dollar is set to retain an incredibly tight trading range in the coming days as we await a trigger to end this phase of consolidation.
The Canadian dollar softened after the Bank of Canada held rates and signalled no urgency to tighten policy despite elevated inflation risks.
The pound-Canadian dollar exchange could stay under pressure in the coming days as a spell of Canadian dollar outperformance threatens to extend.
Desjardins slashes CAD appreciation forecasts as oil windfalls bypass Canada's economy.