Canadian Dollar News Directory

The Canadian Dollar rose broadly Wednesday but fresh losses beckon over the summer months, according to analysts at Bank of America Merrill Lynch, who are arguing that an apparent exodus of investors from the country will drive the Loonie to fresh lows before the summer is out. 

July 25,2018

USD/CAD has weakened after strong run of data and is not at major support area and further weakness possible assuming break below 1.31-30 say analysts.

July 25,2018

The GBP/CAD rate broke lower following strong retail sales and inflation data at the end of last week, with bears finally managing to pierce below the stubborn 200-day moving average, and the pair looks vulnerable to further losses in the short term.

July 23,2018

Data out of Canada ahead of the weekend has allowed the Canadian Dollar to top the foreign exchange leaderboard.

July 20,2018

The Canadian Dollar rose against many of its rivals Monday although respite from recent losses is likely to prove short-lived, according to multiple analysts, who are advocating that clients continue to sell the currency against the US Dollar.

July 16,2018

GBP/CAD is still trading in a range above the 200-day MA but is within a broader downtrend and looks vulnerable to further weakness. Brexit machinations will continue to dominate Sterling and inflation data is the main release for CAD

July 15,2018