Canadian Dollar News Directory

The Canadian Dollar was on course to end the week Friday with gains over a large majority of its nearest rivals including Sterling and may be set to remain a weight on GBP/CAD if the Loonie’s month-long run of underperformance fades with the uncertainty surrounding Monday's election.

September 17,2021

GBP/CAD sees support around 1.75 & 1.7340 further down but may struggle to keep head above water this week.

September 13,2021

The Pound-to-Canadian Dollar exchange rate came off the boil ahead of the weekend after the latest Canadian employment figures spurred the Loonie on in an earlier rebound from prior losses that came alongside gains for other commodity and risk currencies.

September 10,2021

The Canadian Dollar traded with dampened spirit Wednesday after the Bank of Canada noted international headwinds and virus-related risks to Canada’s economic recovery that leave the Loonie with little incentive to reverse its nascent underperformance ahead of October’s forecast review

September 9,2021

The Pound and Euro are predicted to maintain a slight positive bias against the Canadian Dollar in the near-term by a noted currency analyst at one of Canada's main lenders.

September 8,2021

The Pound-to-Canadian Dollar rate rose above its breakeven level for 2021 in the penultimate session of the week, placing Sterling back in the top spot among the most frequently traded major currencies for the year owing to a nascent lacklustre performance by the Loonie.

September 2,2021