Canadian Dollar News Directory

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

The Pound-to-Canadian Dollar exchange rate tumbled last week but with an incoming Democractic Party administration blighting Brexit Britain's trade prospects, as talks with European Union continue without progress, Sterling may be in line for further losses this week. 

November 8,2020

Canadian Dollar exchange rates were choppy on Friday as economists looked beyond Statistics Canada's bettter-than-expected October jobs report, preferring instead to focus on the challenges ahead, while unrelated volatility was seen in U.S. stock markets and the bigger Dollar.

November 6,2020

The Canadian Dollar attempted to stabilise against other major currencies on Friday but is now rated as a sell by TD Securities due to concerns about valuation and the stock markets, which could offer the Pound-to-Canadian Dollar rate a chance of recovering from recent losses. 

November 6,2020

The Pound-to-Canadian Dollar exchange rate is vulnerable and could be set to slip lower over the coming days as Britain lurches toward another national lockdown at the beginning of what promises to be an action-packed and volatile U.S. election week for Sterling and the Loonie. 

November 1,2020