The Pound-to-Canadian Dollar exchange rate is vulnerable and could be set to slip lower over the coming days as Britain lurches toward another national lockdown at the beginning of what promises to be an action-packed and volatile U.S. election week for Sterling and the Loonie. 

November 1,2020

The Canadian Dollar is nursing losses against the Pound, U.S. Dollar and the majority of the world's nine largest currencies in a week dominated by falling stock markets and a Bank of Canada decision to enhance its quantitative easing programme.

October 30,2020

The Canadian Dollar has been tipped as a buy at BMO Capital Markets after falling to October lows when the Bank of Canada (BoC) set out to squash longer-term government bond yields, with an ongoing rebound in the U.S. Dollar and S&P 500 boding well for Canadian exchange rates. 

October 29,2020

The Canadian Dollar crumbled on Wednesday, extending or otherwise cultivating losses against most major currencies including Pound Sterling after the Bank of Canada (BoC) said it will now target lofty and alluring long-term Canadian government bond yields with its ongoing quantitative easing programme.  

October 28,2020

Improved investor sentiment and rising oil prices have combined to aid a recovery in the value of the Canadian Dollar, which enters the final quarter of 2020 as one of the better performing of the world's major currencies.

October 27,2020

The Pound-to-Canadian Dollar rate has strong support at nearby levels and with Brexit trade talks again promising so-far elusive progress, could have scope to recover further in the coming days, although much also depends on appetite for the Canadian Dollar. 

October 26,2020