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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07 January 2019 The Pound-to-Canadian-Dollar Rate is a Sell at RBC Capital Markets

The Pound-to-Canadian-Dollar Rate will return toward its 2018 lows over the coming week, according to analysts at Toronto-headquartered RBC Capital Markets, who are advocating that the bank's clien…

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30 December 2018 Pound to-Canadian Dollar Rate Looking Poised to Break Out of Range: The Week Ahead Forecast

From a technical perspective GBP/CAD looks to be breaking out of the top of a range it has been in since it based in August and that it could surge up to a target in the 1.77s.

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21 December 2018 The Canadian Dollar Holds 18-month Low after GDP and Retail Data Underwhelm

The Canadian Dollar held at an 18-month low against the Dollar and also ceded ground to Sterling Friday, after the latest GDP and retail sales data appeared to put a further dent in the economic ou…

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19 December 2018 Canadian Dollar: Inflation Data Gives Poloz Another Reason to Pause

The Canadian Dollar extended losses Wednesday after official data revealed a steep fall in inflation during November, which has given the Bank of Canada (BoC) yet another reason to be pat…

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18 December 2018 The Canadian Dollar will Strengthen in 2019 says BMO Capital Markets

The Canadian Dollar will strengthen next year as the Bank of Canada (BoC) continues to lift its interest rate and a looming general election forces politicians to address the nation's inc…

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