Canadian Dollar News Directory

The daily chart shows that the pair is fast approaching a trendline which could provide a 'make-or-break' level for the exchange rate, above which it would suggest a new trend higher was forming.

August 27,2018

The Canadian Dollar is a bargain buy prospect on several counts including reports of a breakthrough in North American Free Trade Agreement (NAFTA) negotiations and chart signals that now suggest a bullish outlook for the currency. 

August 24,2018

The Canadian Dollar slipped during the noon session Wednesday as traders responded to a steeper-than-expected decline in retail sales during June, which has countered optimism over a Politico report that US and Mexican officials are preparing to set out the bones of a new North American Free Trade Agreement (NAFTA) Thursday. 

August 22,2018

The Pound-to-Canadian-Dollar rate has been in a downtrend since striking a 1.84 high back in March 2018 and is likely to remain under pressure during the week ahead. 

August 19,2018

The Canadian Dollar surged Friday as traders responded to official data showing a surprise and strong increase in inflation during July, which may now see the market eyeing September for another Bank of Canada interest rate rise, rather than October.

August 17,2018

The Canadian Dollar rose Monday as traders maintained a steady bid for the currency in the wake of Friday's stellar July jobs report, which has raised the odds of another Bank of Canada interest rate rise in the weeks ahead, even as the North American Free Trade Agreement negotiations took another acrimonious turn. 

August 13,2018