The Canadian Dollar can strengthen in the short- and medium-term say foreign exchange analysts at Bank of America as they eye a 'hawkish' hold by the Bank of Canada midweek.
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The Pound to Canadian Dollar exchange rate slipped further from the week's highs ahead of a long Easter weekend after a robust employment report helped the Loonie to better resist a rebounding U.S.…
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The Pound to Canadian Dollar exchange rate rallied back near to one-year highs early in the new week and could soon attempt to fully reverse the remainder of last year's punishing losses if able to…
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The Canadian dollar got a boost as oil prices jumped some 8% or so at the Asian open after the OPEC+ blindsided the market with a surprise production cut, announced at the weekend.
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The Canadian Dollar lagged behind other major currencies ahead of the weekend but Statistics Canada's confirmation of a resilient local economy could help to sustain the Loonie's recent outperforma…
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"In terms of alpha-generation – we like being short GBP/CAD from here" - CIBC.
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The Canadian Dollar outperformed all major counterparts in the opening half of the week but the scale of its earlier losses and the Loonie's linkages to the U.S. Dollar are just some of the reasons…
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