Canadian Dollar News Directory

The Pound-to-Canadian Dollar exchange rate risks being condemned to a consolidative range this week in which it could struggle to sustain moves above 1.72 after the Bank of England deprived Sterling of a pretext for extending its earlier recovery any time soon.

June 28,2021

The Pound-to-Canadian Dollar rate turned further away from near two-month highs Thursday after the Bank of England (BoE) gave a balanced assessment of the UK economic outlook when announcing its June decision to wait-and-see a while before making any adjustments to its monetary policies.

June 24,2021

The Pound-to-Canadian Dollar rate could have scope to edge higher and as far as three-month highs over the coming days, although gains for Sterling could be cut short before long by what remains a bullish outlook for Canada’s Loonie.

June 21,2021

The Pound-to-Canadian Dollar exchange rate may be susceptible to slippage as far as 1.7050 on Tuesday if the latest decision from Downing Street has any impact on Sterling, although an action-packed UK economic calendar could also see GBP/CAD testing 1.7150 again.

June 15,2021

The Canadian Dollar is tipped to trade consistently below a key level against the U.S. Dollar in the second half of 2021 as the Bank of Canada continues to offer a supportive impulse.

June 9,2021

National Bank of Canada says further Canadian Dollar strength lies ahead and the currency is likely to take value off the Dollar, Euro and Pound over coming weeks as a result.

June 8,2021