Canadian Dollar News Directory

The Canadian Dollar is staring down the barrel of renewed losses according to multiple analysts, who say economic data and Wednesday's Federal Reserve meeting may both pose as headwinds to the currency, while a deal to save the North American Free Trade Agreement (NAFTA) will be no panacea for the Loonie. 

September 25,2018

GBP/CAD declines as 'no deal' Brexit risks grow and our latest technical studies suggest the probabilities now favour more downside towards 1.66 lows. Elliot wave analysis also backs up downside forecast.

September 24,2018

Major Canadian Dollar exchange rate pairs are now marginally bearish, according to fresh technical analysis from Canadian lender Scotiabank.

September 20,2018

The Canadian Dollar advanced against rivals Wednesday amid renewed hopes a deal to save the North American Free Trade Agreement (NAFTA) could be announced before the week is out, and analysts at Goldman Sachs are forecasting the Loonie will continue to rise over coming months.

September 19,2018

GBP/CAD reaches resistance and pulls back but it is too early to say whether this is a reversal or pause in the recovery.  Both GBP and CAD eye inflation and retail sales data on their domestic calendars this week.

September 16,2018

The Canadian Dollar remained on the front foot Wednesday after statements from President Donald Trump and other officials gave markets fresh hope that a deal to preserve the North American Free Trade Agreement (NAFTA) can be reached, but analysts are sceptical of recent headlines and reluctant to back the Loonie.  

September 13,2018