The pound-Canadian dollar exchange could stay under pressure in the coming days as a spell of Canadian dollar outperformance threatens to extend.
Desjardins slashes CAD appreciation forecasts as oil windfalls bypass Canada's economy.
HSBC says the pound will trend lower against the Canadian dollar.
The pound-Canadian dollar exchange rate rose 1.0% last week as it extended a run of five successive weekly advances.
Horizon Currency Ltd
Albany House
14 Shute End
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RG40 1BJ Companies House Registration: 11242368
Horizon Currency doesn't take custody of your funds. We execute your payments through FCA-registered companies, which hold your funds in segregated tier-1 bank accounts. These firms are:
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 is 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).