Canadian Dollar News Directory

The "surprising decline" in oil prices is weighing on the Canadian Dollar says one of Canada's major banks.

December 13,2022

The Pound to Canadian Dollar exchange rate recovery has gone from strength-to-strength in recent weeks but much of its latest gains are the result of an increased correlation between the trade-weighted Loonie and U.S. Dollar that has placed GBP/CAD at risk of a setback to 1.64 or below this week. 

December 12,2022

Selling Canadian Dollars in the USD/CAD options market had been one of next year's top trades for CIBC Capital Markets just weeks ago but the Loonie's late November sell-off has led the strategy team to book an early eight percent profit and focus instead on betting against the EUR/CAD exchange rate.

December 9,2022

The Canadian Dollar rose broadly in the penultimate session of the week but remained undervalued against the Pound, U.S. Dollar, Euro and others, according to CIBC Capital Markets' estimates, although central bank decisions elsewhere in the world could soon see some of these discounts dissipate. 

December 8,2022

"The Bank of Canada flashed a yellow card on its rate hiking team" - CIBC.

December 8,2022

The Pound to Canadian Dollar exchange rate (GBP/CAD) reached nine-month highs early in the new week following a near seven percent gain in November but obstacles on the charts could now obstruct its path higher unless the Bank of Canada (BoC) adds further to the Loonie's burdens this Wednesday.  

December 6,2022