The Canadian Dollar will need to depreciate significantly unless the trade deficit closes.
CAD can extend recent gains against the GBP, EUR and USD.
A big advance by the Canadian Dollar invites a deeper setback for the Pound to Canadian Dollar exchange rate (GBP/CAD).
A U.S. court overturned the 'Liberation Day' tariffs, boosting the Canadian Dollar.
Horizon Currency Ltd
Albany House
14 Shute End
Wokingham
RG40 1BJ Companies House Registration: 11242368
Horizon Currency's payment and foreign currency exchange services are provided by:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited Registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).