Canadian Dollar News Directory

Canadian lender Desjardins Bank have updated their Canadian Dollar forecasts, saying the currency is likely to struggle for the remainder of 2020, but a more robust recovery should shape up in 2021.

August 28,2020

The Canadian Dollar outperformed Thursday following a key speech from Federal Reserve (Fed) Chairman Jerome Powell, leaving the Pound-to-Canadian Dollar rate at risk of a downward capitulation from its recent narrow range 

August 28,2020

The Canadian Dollar advancd on the greenback and some other major currencies Tuesday but ceded ground to an outperforming Sterling ahead of this year's central bank shindig in Jackson Hole, although a Credit Agricole CIB financial model has suggested selling the Loonie. 

August 25,2020

The Pound-to-Canadian Dollar exchange rate suffered heavy losses at the end of an otherwise uneventful week Friday but risks becoming trapped in a tight range in the days ahead due to Sterling's tight correlation with the Loonie. 

August 24,2020

The Canadian Dollar extended its recovery on Friday and helped keep pressure on the Brexit-stricken Pound-to-Canadian Dollar exchange rate after Statistics Canada reported June retail sales that surpassed market expectations.

August 21,2020

The Canadian Dollar advanced on Sterling Wednesday as risky currencies consolidated gains following another Dollar Index breakdown, with the Loonie benefiting from correlations with the greenback, stocks and oil. 

August 19,2020