18 May 2018 Canadian Dollar Slumps after Inflation Holds Steady in April and Consumer Spending Slips

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 …

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17 May 2018 The Canadian Dollar Advances as Oil Rises and Markets Cling to Hopes of a NAFTA Deal in Weeks Ahead

The Canadian Dollar rose across the board Friday as oil prices eged higher and markets held onto hopes that an agreement can be reached on the future of the North American Free Trade Agreement, des…

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16 May 2018 Canadian Dollar Forecast to Recover Lost Ground from US Dollar, Hold Steady against Pound

The Canadian Dollar is likely to recover lost ground from the US Dollar and hold its own against a strengthening Pound during the months ahead, according to the latest forecasts from J.P. Morgan, a…

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15 May 2018 Canadian Dollar on Front Foot ahead of Key NAFTA Deadline, Forecast to Appreciate against Pound Sterling

The Canadian Dollar entered the new week on the front foot Monday, scoring gains over approximately half of the developed world currency basket, as markets appeared unfazed by a crucial May 17 dead…

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13 May 2018 The Pound-Canadian Dollar Rate's Week Ahead Forecast: Soft Undertones

Technical studies suggest the Pound is likely to remain under notable pressure against the Canadian Dollar over coming days and weeks. But, watch British employment numbers and Canadian inflation d…

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11 May 2018 The Canadian Dollar Pares Gains after Disappointing April Jobs Data and as Oil-induced Rally Wanes

The Canadian Dollar pared earlier gains in the final session of the week after the latest labour market report showed Canada's economy shedding jobs during the April month when traders had looked f…

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08 May 2018 The Canadian Dollar Rises with Oil Prices but Strategists say "Sell" the Bounce

The Canadian Dollar rose across the board Wednesday as traders responded to President Donald Trump's decision to withdraw the US from the so called Iran nuclear deal with a steady bid for oil linke…

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