Canadian Dollar News Directory

The Canadian Dollar continued its trend of underperformance, lagging major rivals on Thursday as the curtain began to close on 2020 and ahead of a year in which Bank of Canada (BoC) concerns about export competitiveness could feature prominently as a driver of the currency. 

December 31,2020

The Pound-to-Canadian Dollar exchange rate is back in the upper half of its six-month range and could reclaim the 1.75 handle this week as parliament lightens Sterling's load by giving the nod to Britain's Brexit trade deal, while uncertain risk appetite and holiday market conditions keep the Canadian Dollar in check.  

December 27,2020

The Pound-Canadian Dollar remained volatile in illiquid holiday trade on Tuesday as time slipped away from Brexit negotiators, bringing a cliff edge and ratification risks into focus for an already badly bruised Sterling. 

December 22,2020

The Pound-Canadian Dollar rate clung to a handsome gain last week even after unravelling on Friday, but it now faces a return trip back toward December's lows as the Brexit talks go to the wire and the economy is ravaged by a new and more contagious variant of the coronavirus. 

December 21,2020

The Canadian Dollar will outperform the British Pound through the course of 2021, with the Pound-to-Canadian Dollar exchange rate (GBP/CAD) forecast to go as low as 1.58 by analysts at Royal Bank of Canada.

December 17,2020

The Canadian Dollar underperformed on Wednesday but nonetheless, there is a trend emerging that is a problem for the Bank of Canada (BoC) and its economy, a problem which may be solved if policymakers simply do as they often have done by continuing along in the footsteps of the Federal Reserve (Fed). 

December 16,2020