23 October 2024 Canadian Dollar Rides Out Bumper Bank of Canada Rate Cut

The Canadian Dollar's sensitivity to a 'dovish' Bank of Canada is on the wane.

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21 October 2024 Pound to Canadian Dollar Week Ahead: Hard Ceiling Limits Gains

GBP/CAD is capped by a couple of significant technical resistance layers amidst focus on this week's Bank of Canada interest rate cut.

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17 October 2024 CIBC Lowers Canadian Dollar Forecast

The Bank of Canada will lower interest rates with two back-to-back 50 basis point interest rate cuts, which means a weaker Canadian Dollar than previously predicted.

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15 October 2024 Canadian Dollar Falls: Inflation Secures 50bp Bank of Canada Rate Cut

The Canadian Dollar was sold after inflation proved softer than markets were expecting in September.

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14 October 2024 Pound to Canadian Dollar Week Ahead Forecast: 1.81 in Focus

GBP/CAD is forecast to maintain its broader uptrend in the coming days.

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11 October 2024 Canadian Dollar: Job Report Cools Odds of 50bp Rate Cut says Corpay

The Canadian dollar is climbing after the economy added more jobs than expected in September, lowering the likelihood of an outsized rate cut at the Bank of Canada’s upcoming meeting.

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08 October 2024 Pound to Canadian Dollar Week Ahead Forecast: Eyeing 1.77

The Pound is prone to further short-term weakness against the Canadian Dollar in the near term.

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