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The Canadian Dollar will strengthen further over coming months as unease over the nation's future trading relationship with the U.S. dissipates although 2019's general election could scupper the currency's northward push around the middle of next year, according to Toronto-headquartered BMO Capital Markets.
October 3,2018
The Canadian Dollar remains on the front foot and is on course for further gains, according to analysts covering the currency, some of whom have taken losses and walked away from previous bearish bets against the Loonie.
October 2,2018
The Canadian Dollar hit a six-month high Monday after negotiators clinched a deal to save the North American Free Trade Agreement (NAFTA) late on Sunday.
October 1,2018
The Canadian Dollar has been forced onto the back foot against its U.S. rival ahead of a key Sunday deadline for North American Free Trade Agreement (NAFTA) deal to be struck and analysts are warning of scope for further losses to come in the weeks ahead.
September 27,2018
Technical studies from Canadian lender Scotiabank suggest the Canadian Dollar is likely to lose further ground as a recent poor run extends.
September 26,2018
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
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