Canadian Dollar News Directory

Month-end flows in the foreign exchange market explain unexplained and notable moves in exchange rates at the end of every month.

March 31,2021

The Canadian Dollar is forecast to continue its "solid performance" according to analysis from MUFG, the global financial services provider and investment bank.

March 30,2021

The Pound-to-Canadian Dollar exchange rate recovered off three-month lows to rise above its breakeven point for 2021 on Monday but with the Loonie poised to enjoy its own period of outperformance in the coming weeks, GBP/CAD upside may be limited over the coming days.  

March 29,2021

The Canadian Dollar has overthrown Sterling as the best performing major currency of the year but with the Bank of Canada’s (BoC) policy set to evolve in a favourable direction sooner than elsewhere the Loonie is now a leading contender for a sustained period of outperformance.

March 26,2021

The Pound-to-Canadian Dollar rate was on its front foot early in the new week amid weakness in 'high beta' currencies but it could meet resistance at nearby levels and would be at risk of slipping back to early January lows over the coming days and weeks if the Loonie resumes its outperformance. 

March 22,2021

Canadian Dollar strength and resilience curtailed a tepid GBP/CAD recovery from the week's lows by Friday, making a battleground of the exchange rate in the process after overnight trading saw the Loonie deny Sterling a recovery of its earlier 1st place in this year's foreign exchange market marathon.

March 19,2021