GBPCAD Abuse of the CANADA currency but will quickly recover
The CAD's fall reflects a bearish market bias based on the likelihood that the central bank will continue to raise interest rates: British Pound to Canadian Dollar exchange rate under pressure as Canada unleashes inflation thanks to some lower-than-expected UK payroll figures, but it recovered to trade steady on the day at 1.6617.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.