The Pound-to-Canadian Dollar exchange rate tumbled on Wednesday after the Bank of Canada (BoC) stayed its earlier established course by leaving the cash rate unchanged following its latest meeting,…
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The Canadian Dollar was an outperformer among major currencies for the session as well as week on Thursday as it continued to overlook the elevated possibility of an interest rate cut or other poli…
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The Canadian Dollar recoiled in the face of a resurgent U.S. Dollar and Pound on Thursday but could face a reckoning with the Bank of Canada (BoC) and fresh losses later in January if USD/CAD …
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The Canadian Dollar continued its trend of underperformance, lagging major rivals on Thursday as the curtain began to close on 2020 and ahead of a year in which Bank of Canada (BoC) conce…
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The Canadian Dollar underperformed on Wednesday but nonetheless, there is a trend emerging that is a problem for the Bank of Canada (BoC) and its economy, a problem which may be solved if policymak…
Read more →The Canadian Dollar advanced back in the direction of 2020 highs against the U.S. Dollar while placing Sterling and other currencies under pressure on Wednesday after the Bank of Canada (BoC) staye…
Read more →The Canadian Dollar remained among the better performing major currencies for the recent week on Tuesday as it continued to overlook the risk of a surprise policy move from the Bank of Canada (BoC)…
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The Canadian Dollar is nursing losses against the Pound, U.S. Dollar and the majority of the world's nine largest currencies in a week dominated by falling stock markets and a Bank of Canada decisi…
Read more →The Canadian Dollar crumbled on Wednesday, extending or otherwise cultivating losses against most major currencies including Pound Sterling after the Bank of Canada (BoC) said it will now target lo…
Read more →Improved investor sentiment and rising oil prices have combined to aid a recovery in the value of the Canadian Dollar, which enters the final quarter of 2020 as one of the better performing of the …
Read more →The Canadian Dollar outperformed on Thursday alongside other commodity and risk-sensitive currencies even after Bank of Canada Governor Tiff Macklem warned of risks to Canada’s economic recove…
Read more →The Canadian Dollar was buoyed on Wednesday when the Bank of Canada (BoC) said it expects "a sharp rebound in economic activity" this quarter but that it will still provide a monetary escort to the…
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The Canadian Dollar weakened against rivals Wednesday after the Bank of Canada (BoC) abandoned the so-called 'tightening bias' that would have eventually seen it go on lifting interest rates o…
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The Canadian Dollar remains the best performing currency in the G10 universe for 2019 but that could all change this week if analyst commentary on the Loonie is anything to go by, given many are wa…
Read more →The Canadian Dollar weakened Monday after the latest business outlook survey from the Bank of Canada (BoC) revealed a weakening of inflation pressures during first-quarter and pointed to slower eco…
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TD Securities have downgraded their forecast for the Canadian Dollar, eyeing a softening of activity in the domestic economy.
Read more →The Canadian Dollar crumbled on Wednesday, pushing the Pound-to-Canadian-Dollar rate to a fresh six-month high, after the Bank of Canada (BoC) appeared to drop its bias to lift interest rates over …
Read more →The Canadian Dollar ceded ground to rivals Wednesday after the Bank of Canada (BoC) confirmed that earlier guidance suggesting it would raise interest rates aggressively this year has effectively b…
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The Canadian Dollar remained on its back foot Thursday after official data revealed a sharp widening of the trade deficit during October and as markets await a crunch decision about production…
Read more →The Canadian Dollar weakened rapidly Wednesday after the Bank of Canada (BoC) appeared to back away from earlier guidance that it would step up the pace at which it raises interest rates in 2019.&n…
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