Canadian Dollar News Directory

The Canadian Dollar will strengthen in 2021 say analysts at Bank of America, driven by stronger investor inflows of capital and rising oil prices.

December 1,2020

The Pound-to-Canadian Dollr rate unravelled to close lower for the period late last week but could be due a turnaround and recovery in the coming days as the Loonie contends with a variety of headwinds and the Brexit saga nears at least a temporary resolution. 

November 30,2020

The Pound-to-Canadian Dollar rate more than unwound the last of its gains for the week on Friday as the strength of the Loonie collided with Brexit-inspired weakness in Sterlin, although with the clock running down rapidly the risk in the short-term could be that the Pound weakens further before any recovery.

November 27,2020

The Pound-to-Canadian Dollar rate was edging back in the direction of earlier highs on Wednesday, which could be bettered over the coming weeks according to strategists at Scotiabank, who've noted a technical backdrop that's turned bullish with expectations of the Brexit negotiations. 

November 26,2020

Analysts at Canadian investment bank TD Securities say the period of Canadian Dollar outperformance is due to fade in the short-term, but they join analysts at Wall Street giant Goldman Sachs in backing the Canadian currency in 2021.

November 24,2020

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