Canadian Dollar News Directory

The Canadian Dollar surged on Wednesday and in the process pulled GBP/CAD away from the week’s highs after the Bank of Canada (BoC) announced a reduction to its quantitative easing programme and indicated that an interest rate rise could come as soon as the middle of next year.

April 21,2021

The Bank of Canada meeting due to be held on Wednesday promises to be one of the more interesting instalments from Canada's monetary authority for some time, given they have an important decision on quantitative easing to make.

April 21,2021

Foreign exchange analysts at Credit Suisse are backing a stronger Canadian Dollar in 2021 as they tell clients they are looking through the current rebound in Covid-19 infections and expect the Bank of Canada to continue 'tapering' its quantitative easing programme.

April 20,2021

The Pound-to-Canadian Dollar exchange rate (GBP/CAD) rose at the opening of a week in which the prevailing trading range could be seen shifting higher as Sterling navigates a raft of economic data and the Loonie takes some time out for the Bank of Canada’s big day.

April 19,2021

The Canadian Dollar is billed as a buy-on-dips candidate at BMO Capital Markets ahead of next week’s national budget and Bank of Canada (BoC) monetary policy decision, which may impact international appetite for the Loonie.

April 19,2021