Canadian Dollar News Directory

The Canadian Dollar extended losses Thursday after official data showed economic growth picking up sharply in the second quarter but at a slower than expected pace, which may now cast doubt over whether the Bank of Canada goes ahead with another interest rate rise in September.

August 30,2018

The prospect of a 'no deal' between Canada and the US is eyed as a key risk to the Loonie over coming days.

August 28,2018

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