The Canadian Dollar was mostly stronger in a resilient showing from the Loonie heading into the latter half of the week while Sterling was weaker in many parts ahead of a widely anticipated Bank of…
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The Canadian Dollar fell widely ahead of the weekend after Statistics Canada disclosed the first outright fall in local employment levels since the last 'lockdown' and what might be a sign of…
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The Canadian Dollar rallied after the Bank of Canada raised its policy interest rates by 25 basis points to 4.75% and signalled it felt further rate hikes were required.
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The Canadian Dollar recovered lost ground from the Pound and some other currencies in midweek trade after Statistics Canada said the local economy ground to a halt at the end of the second quarter …
Read more →The Pound to Canadian Dollar exchange rate held near the middle of a probable short-term range in the final session of the week but next Wednesday's Canadian inflation figures could see it breaking…
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The Pound to Canadian Dollar exchange rate was hobbled ahead of the weekend after Statistics Canada announced further strong gains in the number of jobs created by the local economy in April but th…
Read more →The Pound to Canadian Dollar exchange rate has fully reversed its 2022 losses with a breakout above important technical resistance on the charts but with momentum now dissipating it could…
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The Pound to Canadian Dollar exchange rate receded further from one-year highs and the tide may now be favouring sellers of GBP/CAD.
Read more →The Canadian Dollar could find some support if the market's verdict of today's decision and guidance is a 'hawkish hold'.
Read more →The Canadian Dollar lagged behind other major currencies ahead of the weekend but Statistics Canada's confirmation of a resilient local economy could help to sustain the Loonie's recent outperforma…
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The Bank of Canada opted to keep interest rates unchanged at its latest policy meeting and gave little indication that it will need to hike again in the near future.
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The Bank of Canada raised its base interest rate 25 basis points to 4.5% and said it was now time to pause the rate hiking cycle to assess its impact on the economy.
Read more →The Canadian Dollar rose broadly in the penultimate session of the week but remained undervalued against the Pound, U.S. Dollar, Euro and others, according to CIBC Capital Markets' estimates, altho…
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"The Bank of Canada flashed a yellow card on its rate hiking team" - CIBC.
Read more →The Canadian Dollar rallied against a retreating U.S. Dollar and an underperforming Pound after Statistics Canada data suggested the local economy clawed back in October all of the jobs lost during…
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The Canadian Dollar was left trailing behind other major currencies for the week following October's Bank of Canada (BoC) decision to slow the pace at which it raises interest rates, which surprised …
Read more →The Pound to Canadian Dollar exchange rate rallied to a four month high after the Bank of Canada (BoC) raised its cash rate by less than economists and markets had anticipated for October, although…
Read more →The Canadian Dollar outperformed Pound Sterling and many other major currencies in the final session of the week after the local economy proved more resilient in May than markets had anticipated wi…
Read more →The Canadian Dollar has been volatile with the Loonie whipsawing almost wildly since the Bank of Canada (BoC) shocked the market with its largest interest rate rise since 1998, throwing a curveball…
Read more →The Canadian Dollar pushed GBP/CAD to fresh 10-year lows after the Bank of Canada (BoC) surprised an already hawkish market by lifting its interest rate its highest level since October 2008, outdoi…
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