04 September 2020 Canadian Dollar Steams Higher vs. Pound and U.S. Dollar Despite Jobs Disappointment

The Canadian Dollar outperformed the Pound, U.S. Dollar, Euro and a host of other major currencies ahead of the weekend, with markets overlooking jobs market data that came in worse than expected a…

Read more … →
01 September 2020 Pound-Canadian Dollar Rate On Course to Reclaim 1.77 says Scotiabank

The Pound-to-Canadian Dollar rate was testing the top of its August range on Tuesday as the British currency outperformed amid a continued sell-off in U.S. exchange rates, although Scotiabank is lo…

Read more … →
30 August 2020 Pound-Canadian Dollar Rate: Eyeing Late July Highs but Risking More Range-trading

The Pound-to-Canadian Dollar rate has been lifted toward the top of its August range and could attempt to retest late July highs over the coming days if the Loonie remains as soft as it was on Frid…

Read more … →
28 August 2020 Canadian Dollar Troubled as USD/CAD and GBP/CAD Rally after GDP Surprise Overlooked by Market

The Canadian Dollar was caught on the hop by a tentative rebound in the U.S. Dollar Friday even after Statistics Canada unveiled June growth figures that surpassed market expectations before foreca…

Read more … →
28 August 2020 Desjardins: Canadian Dollar Recovery Forecast to Accelerate in 2021

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…

Read more … →
27 August 2020 Canadian Dollar Outperforms, GBP/CAD Rally said to be at Risk of Capitulation

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…

Read more … →
25 August 2020 Canadian Dollar Draws Algorithmic Seller Ahead of Central Bank Shindig while GBP/CAD Recovers

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, althoug…

Read more … →