Canadian Dollar News Directory

Of late GBP/CAD been moving towards the lower end of the range and we see a strong probability of a continuation of that short-term downtrend to the 1.66 range lows in the week ahead.

November 27,2018

The Canadian Dollar saw volatile trading Friday as markets digested October's volley of inflation statistics, which appeared to have done little to support the Bank of Canada's (BoC) ambition to raise interest rates at a faster pace in 2019. 

November 23,2018

The Canadian Dollar outlook has darkened this week after a spectacular collapse in global oil prices, leading analysts at Toronto-headquartered CIBC Capital Markets to cut their year-end forecast for the Loonie.

November 22,2018

The Canadian Dollar is likely to rise steadily against its U.S. rival over the coming quarters, according to analysts at Goldman Sachs, who say buying the Loonie is one of their best investment ideas.  

November 20,2018

Sterling starts the new week on a firmer footing against the Canadian Dollar at the start of the new week with 1 GBP buying 1.6933 CAD amidst a broader pickup in Sterling exchange rates. Our technical studies do however suggest further losses are likely.

November 19,2018

The Canadian Dollar outlook clouded again over this week after an influential U.S. lawmaker said changes must be made to the new U.S.-Mexico-Canada Agreement before it will pass through the House of Representatives.

November 16,2018