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

Canadian Dollar exchange rate

GBP/CAD in short-term uptrend but could pullback lower having reached resistance at the 50-week Moving Average; however we believe any pull-back lower is expected to be short-lived in nature. The  Pound is expected to be influenced by Brexit headlines and Canadian Dollar by inflation data

October 15,2018

The Canadian Dollar appeared to stabilise Thursday amid a rout in financial markets that has forced the U.S. greenback onto its back foot, although analysts at Scotiabank say the outlook for the Loonie has deteriorated of late. 

October 12,2018

USD/CAD

USD/CAD's broader downtrend should extend over the remainder of the week says Micaella Feldstein, an analyst at Natixis.

October 9,2018

The Pound-to-Canadian-Dollar rate staged a strong rebound to end the week back up above 1.6960 and could continue to rise during the days ahead. 

October 8,2018

The Canadian Dollar ceded ground to rivals Friday as markets overlooked a stronger-than-expected jobs number to focus on details in the latest official data that suggest the labour market may have lost some momentum in September.

October 8,2018

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