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EUR/CAD poised for a rally?

March 15, 2019 8:26 AM
Despite the data out just a few moments ago that Canadian manufacturing sales rebounded by a good 1.0% (vs. 0.4% expected), the medium-term lower highs and the lack of a clear short-term trend, we think this FX pair is looking bullish

BOC rate hike looms but how will CAD react?

October 24, 2018 7:30 AM
The Bank of Canada is due to increase interest rates to 1.75% at the conclusion of its meeting today. This will be an easy decision thanks to an improving economy and the fact that Canada finally secured a trade deal (USMCA) with its two southern neighbours.

EUR/CAD breaks out ahead of Canada jobs, G7 and ECB meetings

June 7, 2018 12:24 PM
The single currency has performed particularly well against the Canadian dollar, which has been undermined by continued uncertainty over NAFTA negotiations and recent volatility in oil prices.