Bank of Canada

CAD a laggard in major FX for December, but still holding runner-up spot for 2021.

December 30,2021

Canadian Dollar week ahead forecast

GBP/CAD recovery rally puts 1.73 in crosshairs, with support seen at 1.7085, 1.7008 & 1.6938.

December 28,2021

CIBC exchange rate forecasts for CAD

"Also weighing on the loonie in early 2022 will be a lack of upside in commodities. Demand for oil will be hampered in the near term by the spread of omicron globally" - CIBC.

December 21,2021

Pound to Canadian Dollar

GBP/CAD supported near 1.69 & may test 1.71 as USD/CAD eyes advance toward 2021’s highs.

December 20,2021

Canadian Dollar

GBP/CAD recovery places December highs in sight and USD/CAD lifts near to 2021’s highs.

December 16,2021

Macklem BoC

"Today’s announcement doesn’t change our forecast for the BoC to begin raising interest rates in April with three hikes in 2022."

December 13,2021

Canadian Dollar outlook

GBP/CAD risking another lurch lower this week and could see 1.6600.

December 13,2021

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