Our studies of USD/CAD suggest recent gains are unlikely to hold much longer and will probably eventually be undone by another wave of selling.
Read more … →The Pound vs. Canadian Dollar is likely to trade familiar ranges on a technical basis but the ongoing trend in Brexit developments remains supportive of Sterling overall.
Read more … →The Canadian Dollar spiked higher Friday after official data revealed a surprise pick up in inflation during December, only to hand back gains shortly after as it emerged methodology changes were b…
Read more … →The Canadian Dollar will fall over the coming weeks according to analysts at CIBC Capital Markets, who have told clients they should sell the Loonie because it's New Year rally has now gone too far…
Read more … →Technically, GBP/CAD is back in the middle of its longer-term trading range between 1.66 and 1.75 and the outlook for the pair remains uncertain as there does not appear to be in any dominant overa…
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…
Read more … →The Canadian Dollar was unfazed Tuesday by official data revealing a sharp increase in the goods trade deficit for November but local economists say the trade numbers may prevent the Loonie from st…
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