Canadian Dollar News Directory

The Pound-to-Canadian Dollar exchange rate enters the new week near three-month highs but at risk of declines as investors digest the latest coronavirus developments in the UK, while the ongoing Brexit talks and trajectory of stock markets will be key influences over the subsequent days.

November 23,2020

The Pound-to-Canadian Dollar rate was dipped on Friday but with the Brexit talks still deadlocked it faces two-way risks that have been illustrated by recent hedging activity in the options market and buy-side forecasts that tell of a significant rally that some investors believe could follow a deal. 

November 22,2020

The Canadian Dollar has drawn another institutional advocate with Commonwealth Bank of Australia tipping it as a buy in anticipation of a global economic recovery that drives a five percent rally back to January 2018 levels, potentially curtailing any further recovery in GBP/CAD. 

November 18,2020

The Pound-to-Canadian Dollar rate ended the week near early September highs Friday after having swung back into the black for 2020, but is at risk of falling back toward the bottom of its range this week as the Brexit trade talks go down to the wire.

November 16,2020

The Canadian Dollar remained an underperformer for the month and year this week but has been tipped as a buy at Goldman Sachs and BMO Capital Markets who between them see the Loonie outperforming over short and medium-term horizons, 

November 13,2020

The Pound-to-Canadian Dollar rate was losing steam Tuesday after rallying to November highs, although technical analysis from Scotiabank suggests the nearby ceiling of Sterling's multi-month range will remain intact, keeping GBP/CAD confined within a 1.70-to-1.73 multi-month range. 

November 12,2020