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The Canadian Dollar rose broadly Wednesday after the Bank of Canada hinted that it is on course for an interest rate rise in July, but strategist commentary on the full policy statement and Canadian economic outlook suggest these gains will prove short-lived.
May 31,2018
The Canadian Dollar is on the cusp of an "appreciable downleg", according to currency strategists at two Canada-headquartered investment banks.
May 29,2018
The week ahead for GBP/CAD, including forecasts, analysts views, technical analysis and outlook for the economic calendar.
May 28,2018
The Canadian Dollar hit the skids Thursday, falling against all of its developed world rivals, after the latest trade salvo from the White House was seen further undermining the already-dim prospect of a deal to save the North American Free Trade Agreement being agreed any time soon.
May 24,2018
The Canadian Dollar outlook is growing dimmer by the day, according to strategists at Toronto-based investment bank TD Securities, who argue clients should sell the Loonie against the US Dollar and the Aussie as well as New Zealand Dollars.
May 22,2018
The week ahead for GBP/CAD, including forecasts, analysts views, technical analysis and outlook for the economic calendar.
May 20,2018
The Canadian Dollar reversed course and slumped during the noon session Friday after data showed a surprise contraction in the value of Canadian retail sales at the end of the first-quarter, which overshadowed steady inflation number and higher oil prices that had previously supported the currency.
May 18,2018
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