Canadian Dollar News Directory

The Pound to Canadian Dollar exchange rate has stabilised following a nine percent decline since Russia began its faltering conquest of Ukraine, although it could struggle for momentum upon any recovery above 1.59 in the days ahead due to a resilient Loonie and softer Sterling. 

May 16,2022

One of Canada's biggest banks believes a bout of Canadian Dollar strength looms and all that is required to trigger it would be a stabilisation in global equity markets.

May 12,2022

The Canadian Dollar has remained an outperformer thus far in 2022 but its elevation and the factors underlying it are also the green shooting roots of an eventual downfall, according to CIBC Capital Markets, while TD Securities says that upside risks are dominant for USD/CAD in the short-term. 

May 11,2022

Bank of America have looked at the data and it would seem selling the Canadian Dollar and Australian Dollar on a Friday is offering consistent returns.

May 10,2022

The Pound to Canadian Dollar rate tumbled to a five year low following last week’s Bank of England (BoE) monetary policy decision but could find a footing above the nearby 1.58 handle this week if the Loonie cedes further ground to the U.S. Dollar in the days ahead. 

May 9,2022

The data nevertheless confirms Canada's jobs market is incredibly tight and will offer further incentive for the Bank of Canada to continue raising interest rates.

May 6,2022