The market might be underestimating the odds of a July interest rate cut at the Bank of Canada in July, which hints at downside risks for the currency.
Stay bullish on the Pound against the Canadian Dollar in the coming week.
Canadian Dollar Hit by Oil's Decline
- Category: CAD
Canadian dollar slips against G10 peers as oil falls; but trade policy offers upside surprises.
The Pound to Canadian Dollar exchange rate (GBP/CAD) is at 1.8744, a level last seen in June 2016.
