Canadian Dollar News Directory

The Canadian Dollar struggled Friday even after official estimates revealed the May rebound in the economy was larger than economists expected, as risk appetite appeared to ebb and a preliminary estimate from Statistics Canada warned of only a limited further rebound in June. 

August 2,2020

The Pound-to-Canadian Dollar rate was closing in on four-month highs Friday after a solid outperformance by Sterling in a week where the Loonie has lagged others alongside its larger North American counterpart, although the outlook depends largely on whether Canada's currency gets its mojo back. 

July 31,2020

Foreign exchange analysts at Canadian lender CIBC say the Canadian Dollar's poor run of late can extend, citing a stalling in the global economic recovery and end to the recent rally in commodity prices.

July 29,2020

The Pound-to-Canadian Dollar exchange rate was breaking higher from a narrow and weeks-long trading range Tuesday in moves that could lift it back to levels not seen since early May over the coming days and weeks.

July 29,2020

The Pound-to-Canadian Dollar rate edged higher amid a turn for the worse in market sentiment last week and it could attempt an upside breakout from its recent stiflingly narrow range in the days ahead, although the risk is of more range trading. 

July 28,2020

The Pound-to-Canadian Dollar rate was under pressure Wednesday after The Telegraph reported the British government has all but given up hope of reaching a trade agreement with the European Union, leaving the outlook for Sterling balanced on a knife edge just as the Canadian Dollar recovers its footing. 

July 22,2020