The Canadian Dollar was left out in the cold on Thursday even as oil prices rallied ahead of another Organization of Petroleum Exporting Countries (OPEC) meeting in which a months-long trajectory of oil prices could be decided, indicating greater caution among currency traders. 

April 9,2020

The Pound found support on a cluster of moving averages Tuesday after ceding close to 200 points to the Canadian Dollar to open the week, although oil prices and coronavirus infection numbers are key to the trajectory from here.

April 8,2020

The Pound-Canadian Dollar rate ended last week with only a fractional loss but the going could very easily get a lot tougher for this British exchange rate over the coming days, with technical and fundamental factors conspiring to push it lower and potentially as far as the 1.68 handle. 

April 5,2020

The Pound-Canadian Dollar rate was stopped in its tracks and humbled Thursday after the Loonie came out of its corner swinging in response to signs that an Organization of Petroleum Exporting Countries (OPEC) could be in the pipeline as a result of a Trumpian deal with Russia and Saudi Arabia. 

April 3,2020

The Canadian Dollar underperformed all major rivals Wednesday amid fresh losses for ICE crude oil future, underlining why the Loonie has been tipped as a sell by the Toronto-headquartered TD Securities, whose analysts have flagged a rising correlation between the currency and oil prices as cause for concern. 

April 1,2020

The Pound-to-Canadian Dollar rate closed its best week since January 2009 Friday after Sterling benefited disproportionately from a week-long recovery of risk assets that led to a bullish development on the long-term charts. 

March 29,2020