16 April 2021 Canadian Dollar Dips Are a Buy, BMO Capital Markets Says

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 internationa…

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14 April 2021 Canadian Dollar Seen Pushing USD/CAD to 2017 Low this Quarter

The Canadian Dollar was a straggler on Wednesday in a session where its larger North American cousin also ebbed against many currencies, although upgraded forecasts from Credit Suisse suggest the…

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12 April 2021 Pound-Canadian Dollar Rate: CAD to "Look Through Near-term Virus Concerns"

The British Pound starts the new week half a percent higher against the Canadian Dollar amidst a broad rally in the UK currency, but it faces an uphill slog if it is to recover the losses it has su…

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09 April 2021 Canadian Dollar Dip Bought as Job Data Keeps Loonie in the Lead for 2021

The Canadian Dollar rose against all major currencies on Friday, keeping it at the top of the table for 2021, after an earlier corrective dip was bought and with the Loonie later aided in its upwar…

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08 April 2021 Canadian Dollar: The Good News is in the Price says Citi

The Canadian Dollar is 2021's top performing currency, but a number of foreign exchange analysts we follow are now of the view the currency's outperformance is at risk of fading as new lockdowns po…

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06 April 2021 Pound-Canadian Dollar Rate Tests Range Ceiling

The Pound-to-Canadian Dollar rate was near the top of its recent range on Tuesday but would struggle to extend above it ahead of Canada's latest employment report due out on Friday, which could imp…

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31 March 2021 Canadian Dollar Leads Major Currencies as Economy Stands Tall

The Canadian Dollar outperformed other major currencies on Wednesday and remained leader of the pack for 2021 after Statistics Canada data showed the economy gaining momentum in January despite a s…

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