The Pound to Canadian Dollar exchange rate entered the new week at more than one-year highs but could be susceptible to a sharp corrective setback if UK inflation rolls over on Wednesday though the prospect of further declines in Canadian inflation beforehand could support GBP/CAD ahead of the midweek session. Canada's Dollar outperformed most other major currencies while pushing GBP/CAD lower from its highest level since February 2022 and the onset of the Russian invasion of Ukraine on Monday amid widespread signs of risk aversion in global financial markets. Stock and commodity prices weakened while government ... (full story)