22 January 2019 USD/CAD Forms Textbook Bear Flag Pattern, 1.3100 targeted

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.

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20 January 2019 Pound-to-Canadian Dollar Rate in the Week Ahead: Trading Within Box Pattern

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.

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18 January 2019 The Canadian Dollar's Inflation Boost Fades after Methodology Change Seen Behind December Rise

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…

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15 January 2019 Sell the Canadian Dollar says CIBC, as Others Eye Period of Consolidation

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…

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14 January 2019 Pound-to-Canadian Dollar Rate Week Ahead Forecast: Stuck in the Middle

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…

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09 January 2019 Canadian Dollar Melts after BoC Takes Itself "Out of the Rate Hike Game"

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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08 January 2019 Canadian Dollar: November Trade Data Points to Soft Month for Economy 

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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