Canadian Dollar News Directory

Downside risks are building for the Pound-to-Canadian Dollar rate after the Bank of Canada said they were probably going to raise interest rates at a more aggressive pace than previously expected.

October 25,2018

The Canadian Dollar advanced against all of its rivals in the midweek session after the Bank of Canada (BoC) raised its overnight lending rate and provided a strong hint of further hikes to come. 

October 24,2018

The Canadian Dollar crumbled in the final session of the week after official data revealed a surprise fall in September inflation and retail sales for the month of August, leading traders to look again at their expectations for Bank of Canada (BoC) monetary policy. 

October 19,2018

The Canadian Dollar is set to remain in a holding pattern against the U.S. Dollar during the coming weeks but is likely to cede ground to an oversold Australian Dollar going forward, according to analysts at TD Securities and CIBC Capital Markets.

October 18,2018

Pound Sterling's bounce higher against the Canadian Dollar is "not really convincing" and the pair is biased towards seeing more losses in the short-term, according to the Toronto-headquartered Scotiabank.

October 17,2018

The Canadian Dollar is on its front foot as traders cheer a seemingly improving outlook for domestic interest rates but both could be put at risk bydevelopments in the domestic oil market if prices remain at their current levels, close to historic lows, according to some analysts. 

October 16,2018