The Canadian Dollar hit the ropes Friday after official data revealed a second consecutive contraction in employment during July and a surprise spike in the unemployment rate, which has further undermined the Loonie just days after losing its position as the best performing G10 currency of 2019. 

August 9,2019

The Canadian Dollar rose Thursday, recovering some of the ground lost to its U.S. and British rivals earlier in the week, but analysts at UBS and CIBC Capital Markets are now warning of a lurch to the downside in the weeks ahead and are tipping the Loonie as a sell.

August 9,2019

GBP/CAD is experiencing a shallow sideways consolidation which is unlikely to result in a reversal higher as it is capped by a major trendline, our suspicion is the downtrend will probably resume.

August 5,2019

The Canadian Dollar has been resilient in the face of a stabilising U.S. rival this week and it remains the best performer in the G10 universe for 2019 but opinion is divided about the outlook for the Loonie, especially now the Federal Reserve (Fed) has began to cut its interest rate. 

August 2,2019

The Canadian Dollar rebounded from earlier losses Wednesday after May GDP data left Canada's veneer of economic exceptionalism alive and well deep into the second quarter, reinforcing market expectations the Bank of Canada (BoC) will leave its interest rate unchanged for a while yet.

July 31,2019

The Pound plumbed new depths against the Canadian Dollar for the 2019 year Tuesday but is in danger of falling to what would be its lowest levels since a long time before the Brexit referendum of 206, according to technical analysts at Scotiabank, as Brexit fears escalate further. 

July 30,2019