Canadian Dollar News Directory

The Pound to Canadian Dollar exchange rate has remained buoyant above its early April lows near the round number of 1.63 and could have scope to test or probe above the 1.65 handle this week if USD/CAD rebounds further from last Wednesday’s losses over the coming days.

April 19,2022

The Canadian Dollar pared earlier losses against the U.S. Dollar while also briefly stalling a rally in GBP/CAD after the Bank of Canada (BoC) signalled that it could lift interest rates and tighten monetary policy at an accelerated pace in the months ahead.

April 13,2022

The Pound to Canadian Dollar exchange rate may be in the process of bottoming out and would be likely to make a further attempt at a corrective recovery this week if the Bank of Canada (BoC) leaves a ‘hawkish’ market hanging by raising its interest rate at the same steady pace as before.

April 11,2022

The Pound to Canadian Dollar exchange rate tumbled in the final session of the week as a resilient Loonie reined in Sterling’s earlier climb ahead of next Wednesday’s Bank of Canada (BoC) policy decision even as the Canadian currency also succumbed to a broad U.S. Dollar rally.

April 8,2022

"CAD may not benefit immediately from the hike – which is fully priced in – but should stay supported beyond the very short term".

April 8,2022

The Pound to Canadian Dollar exchange rate was steadier near to 2022 lows during the opening half of the week amid signs of a possible short-term rebound taking shape on the USD/CAD charts, although some strategists continue to view GBP/CAD as a ‘sell on rallies’ currency pair.

April 6,2022