10 March 2021 Canadian Dollar Emulates BoC's Calm as Market Eyes April for QE Tapering

The Canadian Dollar gave a cool and calm response to the Bank of Canada (BoC) on Wednesday when it provided few if-any clues about how the world's largest quantitative easing programme will evolve …

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09 March 2021 Pound-Canadian Dollar Rate in 1.74-to-1.76 Range as BoC Looms, Oil Aids Loonie

The Pound-to-Canadian Dollar rate has edged above the middle of its likely short-term range ahead of Wednesday's Bank of Canada (BoC) policy decision but would still have significant upside ahead o…

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05 March 2021 Pound-Canadian Dollar Rate Hits One-month Lows amid Oil and USD Rally 

The Pound-to-Canadian Dollar rate tumbled to one-month lows Friday amid rallies in the U.S. Dollar and oil that have given Canada's Loonie an advantage over Sterling and prompted CIBC Capital Marke…

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26 February 2021 Canadian Dollar Stumbles, Sterling Catches GBP/CAD Knife as Storm Lingers

The Canadian Dollar stumbled on Friday as bad weather continued to blight many financial markets ahead of the weekend, leading to sharp gains in USD/CAD that enabled Pound Sterling to catch a previ…

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24 February 2021 Canadian Dollar's New Highs Weigh on GBP/CAD but BoC's Evolving Stance Aids GBP's Outlook 

The Canadian Dollar rallied to a three-year high with gusto on Wednesday, weighing on the Pound-to-Canadian Dollar rate in the process, although Sterling's recently-improved outlook has been b…

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22 February 2021 Pound-Canadian Dollar Rate Eyes 1.80 as BoC's Macklem Speaks, Sterling's Big Bid Endures 

The Pound-to-Canadian Dollar exchange rate is supported at nearby levels and could reach one-year highs in the coming weeks amid a brightening domestic backdrop in the UK, although a Tuesday speech…

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19 February 2021 Canadian Dollar Forecasts Tip Higher GBP/CAD Range Near-term, before 2021 Turn Lower

The Pound-to-Canadian Dollar rate softened on Friday but its bullish trend on the charts has gotten analysts at Scotiabank weighing the odds of it rising into a higher range in the weeks ahead, alt…

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