13 January 2021 Canadian Commodities Boom to Boost Canadian Dollar in 2021 Forecast NBC

The Canadian Dollar is forecast to appreciate in 2021 by economists at Canadian lender National Bank of Canada (NBC), who say gains in commodity prices will be a key driver of the gains.

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12 January 2021 Pound-Canadian Dollar Rate Boosted by BoE but Further Upside Limited

The Pound-to-Canadian Dollar rate rallied strongly on Tuesday after Bank of England (BoE) Governor Andrew Bailey appeared to poor cold water over the idea of the UK adopting a negative interest rat…

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10 January 2021 Pound-Canadian Dollar Rate Week Ahead Forecast: Lower Narrow Range Possible

The Pound-to-Canadian Dollar exchange rate turned away from near a year-long high last week and could be set to trade within a narrower and lower range over the coming days as a rally in U.S. gover…

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08 January 2021 Canadian Dollar Tipped for One Last Huurah before Fundamentals Arrest USD/CAD's Fall

The Canadian Dollar was on its back foot Friday having ceded ground to the U.S. Dollar, Pound and a small majority of its other major rivals but forecasts from BofA Global Research suggest it has s…

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07 January 2021 Canadian Dollar May Face BoC Rate Cut in January if USD/CAD Hits 1.25

The Canadian Dollar recoiled in the face of a resurgent U.S. Dollar and Pound on Thursday but could face a reckoning with the Bank of Canada (BoC) and fresh losses later in January if USD/CAD …

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06 January 2021 Canadian Dollar Tipped for Highest Since April 2018 as GBP/CAD Strolls Sidelines

The Canadian Dollar remained a laggard among major currencies on Wednesday but has been tipped by analysts for an imminent return to levels last seen in April 2018 and a resilient enough showing to…

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31 December 2020 Canadian Dollar Limps into Year-end as BoC Currency Concerns Loom Over 2021 Outlook 

The Canadian Dollar continued its trend of underperformance, lagging major rivals on Thursday as the curtain began to close on 2020 and ahead of a year in which Bank of Canada (BoC) conce…

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