Canadian Dollar News Directory

The Canadian Dollar continued to rise against many of its developed world rivals Monday but fell relative to the US Dollar and Yen, both so called safe-haven currencies, in a telling sign of what may be to come for the Loonie now the 2018 Mexican election has vaulted an outsider candidate into the highest office of the country. 

July 2,2018

Technical studies suggest GBP/CAD might be turning lower after a good run but Canadian employment data at the end of the week dominates CAD calendar and could move the market. The Pound meanwhile faces PMI data and important Brexit news this week

July 2,2018

The Canadian Dollar extended gains over the US Dollar and Japanese Yen Friday while paring losses against other major currencies after official data showed the economy growing faster than was expected during April, seemingly keeping the Bank of Canada on track to raise its interest rate on July 11.

June 29,2018

The Canadian Dollar entered the Thursday session on the front foot, staging a riposte against the developed world currency basket, following a speech from Bank of Canada governor Stephen Poloz that dispatched market fears that a recent escalation in concerns over a "trade war" would keep it from raising interest rates on July 11. 

June 28,2018

The Canadian Dollar is on the verge of another leg down that could see it reach fresh multi-year lows against the US Dollar in the weeks ahead, according to strategists at Toronto-based TD Securities, given that news related to the North American Free Trade Agreement (NAFTA) negotiations is going from bad to worse on a near-daily basis. 

June 26,2018

Technical studies suggest heightened risk of pause in the uptrend for GBP/CAD but for Sterling, much will depend on this week's EU summit. For the Canadian Dollar, global trade, GDP numbers and Poloz are in focus.

June 25,2018