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Canadian Dollar Vulnerable to Another Slowdown in Canada CPI

The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the third consecutive month. ....

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Pound Australian Dollar (GBP/AUD) Exchange Rate Hits Lowest Level Since January 2019 on No-Deal Brexit Odds

December 11, 2020 - Written by Frank Davies
Higher No-Deal Brexit Odds Weigh Heavily on GBP/AUD Exchange Rate
Resurgent fears over the odds of a no-deal Brexit drove the Pound Australian Dollar (GBP/AUD) exchange rate to its lowest level since January 2019.
As European Commission president Ursula von der Leyen reported to EU leaders that a no-deal scenario now has a ‘higher probability’ than a deal the mood towards the Pound generally soured.
This drove GBP exchange rates lower across the board in spite of the fact that UK-EU talks are still set to run until Sunday, leaving the possibility of a last-minute breakthrough on the table. ....

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