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The Dollar is "too heavy to hold" in 2024 and should decline noticeably, and this will weigh on the Canadian Dollar against the Euro and Pound.
January 18,2024
A rise in core inflation pressures likely means a hawkish BoC next week, writes Nick Rees, FX Market Analyst at Monex Europe.
January 16,2024
The Canadian Dollar has been boosted by a sizeable U.S. Dollar rally, an uptick in domestic core inflation rates and further gains for oil prices.
January 16,2024
The Canadian Dollar has been under pressure against the U.S. Dollar, British pound and Euro in 2024, although some of that weakness was staunched in the second half of last week by a pickup in crude oil prices.
January 15,2024
GBP/CAD could be set to make further gains amidst a more constructive technical setup and falling oil prices.
January 9,2024
The Canadian Dollar rose against the Dollar, Pound and Euro after Statistics Canada said CPI inflation rose 3.1% year-on-year in November.
December 19,2023
The Canadian Dollar is a laggard on global foreign exchange markets after the head of Canada's central bank openly discussed interest rate cuts for the first time.
December 19,2023
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