Month-end flows in the foreign exchange market explain unexplained and notable moves in exchange rates at the end of every month.
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The Canadian Dollar is forecast to continue its "solid performance" according to analysis from MUFG, the global financial services provider and investment bank.
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The Pound-to-Canadian Dollar exchange rate recovered off three-month lows to rise above its breakeven point for 2021 on Monday but with the Loonie poised to enjoy its own period of outperformance i…
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The Canadian Dollar has overthrown Sterling as the best performing major currency of the year but with the Bank of Canada’s (BoC) policy set to evolve in a favourable direction sooner than elsewher…
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The Pound-to-Canadian Dollar rate was on its front foot early in the new week amid weakness in 'high beta' currencies but it could meet resistance at nearby levels and would be at risk of slipping …
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Canadian Dollar strength and resilience curtailed a tepid GBP/CAD recovery from the week's lows by Friday, making a battleground of the exchange rate in the process after overnight tradin…
Read more … →The Canadian Dollar hit a speed bump on Wednesday, paring earlier gains over the U.S. Dollar and Pound in moves that were reinforced by lower-than-expected inflation numbers for the month of Februa…
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