Canadian Dollar News Directory

The Pound-to-Canadian Dollar rate may have established a new foothold above 1.71 amid a shifting balance of Brexit risks, giving it scope to edge higher over the coming days, although European troubles and an indecisive Loonie risk cutting short the nascent upturn in EUR/CAD. 

September 29,2020

The Canadian Dollar is forecast to maintain a positive bias over coming months as a global economic recovery coaxes oil prices higher and the Canadian economy recovers, according to analysis from Barclays.

September 29,2020

The Pound-to-Canadian Dollar rate was unchanged for the week on Friday after stepping back from the edge of an abyss but could attempt to edge higher still over the coming days amid a possibly constructive turn in trade negotiations with the EU. 

September 28,2020

The Pound-to-Canadian Dollar rate advanced Thursday as Sterling outperformed all rivals including resurgent U.S. and Canadian Dollars that were otherwise the better performers among major currencies, but whether this price action truly marks a turning point for the Pound remains to be seen.

September 24,2020

The Pound-to-Canadian Dollar rate saw its steepest decline in a fortnight Tuesday after Sterling’s losses were exacerbated by the Loonie’s outperformance, but the Pound could set a new 2020 low in the coming days if some analysts are right about the outlook for the British currency. 

September 23,2020

The Pound-to-Canadian Dollar rate recovered nearly half its earlier Brexit-inspired losses last week but Sterling could risk a reversal over the coming days if the government continues to threaten a new ‘lockdown’ and progress toward a Brexit trade agreement remains lacking.   

September 20,2020