29 October 2020 Canadian Dollar Tipped as Buy after S&P Steadies, U.S. Dollar Rises and BoC Boosts Bonds

  The Canadian Dollar has been tipped as a buy at BMO Capital Markets after falling to October lows when the Bank of Canada (BoC) set out to squash longer-term government bond yields, with an…

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28 October 2020 Canadian Dollar Crumbles, GBP/CAD Surges after Bank of Canada Takes Aim at Longer Term Bond Yields

The Canadian Dollar crumbled on Wednesday, extending or otherwise cultivating losses against most major currencies including Pound Sterling after the Bank of Canada (BoC) said it will now target lo…

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27 October 2020 Canadian Dollar Buoyed by Firmer Oil Prices, Stock Markets ahead of Bank of Canada Decision

Improved investor sentiment and rising oil prices have combined to aid a recovery in the value of the Canadian Dollar, which enters the final quarter of 2020 as one of the better performing of the …

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25 October 2020 Pound-Canadian Dollar Week Ahead Forecast: Supported at 1.6990

The Pound-to-Canadian Dollar rate has strong support at nearby levels and with Brexit trade talks again promising so-far elusive progress, could have scope to recover further in the coming days, al…

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23 October 2020 Canadian Dollar Tied to S&P 500 Performance says BNY Mellon

The foreign exchange market is being lead by U.S. equity markets according to research from BNY Mellon, and of all the major currencies it is the Canadian Dollar that is displaying the strongest co…

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22 October 2020 Pound-Canadian Dollar Rate’s Brexit Deal Rally May be Crimped by Loonie’s U.S. Election Response

The Pound-to-Canadian Dollar rate clung to much of this week’s gain even as it softened on Thursday, as investors continued to wager that a Brexit trade deal is in the pipeline after all although S…

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21 October 2020 Canadian Dollar Flounders, GBP/CAD Shines after Retail Sales Flop and Brexit Hopes Rise 

The Canadian Dollar floundered Wednesday having struggled to advance against even the weakest major currencies, with its underperformance escalating after Statistics Canada warned of a September st…

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