The Canadian Dollar could strengthen if the conflict in the Middle East intensifies.
The Pound continues its march higher against the Canadian Dollar and our Week Ahead Forecast model won't fight the trend.
The British Pound could be looking to register its strongest monthly close against the Canadian Dollar since 2018 this week.
The Canadian Dollar starts the new week under pressure owing to a sharp fall in the U.S. Dollar and growing odds of a large 50 basis point cut at the Bank of Canada.