The Canadian Dollar extended gains over rivals Wednesday after official data showed inflation pressures remaining elevated early in the New Year, which if sustained could be enough to draw the Bank of Canada (BoC) off the sidelines later in 2019.

February 27,2019

The Canadian Dollar was weaker Tuesday after President Donald Trump lashed out at the Organization of Petroleum Exporting Countries (OPEC) over its manipulation of oil prices, sending crude benchmarks and the Loonie lower, though analysts say both will rebound before long.

February 26,2019

The Pound-to-Canadian Dollar rate was trading at 1.7145 Monday after rising more than 0.5% last week, but the days ahead are likely to see the pair remain within its established multi-month range pending a fundamental driver that breaks the deadlock. 

February 25,2019

 

The Canadian Dollar extended gains in a market that was already supportive of risk assets Friday after retail sales data for the month of December showed households weathering a global economic storm in fine fashion, although it's still seen facing an uphill struggle in the New Year.

February 22,2019

The Pound-to-Canadian Dollar rate is trading at 1.7075 at the start of the new week after falling -0.65% in the previous week’s trading, and looks poised for another period of range- bound trading ahead. 

February 18,2019

The Canadian Dollar could face a moribund year ahead if UBS's latest forecasts for the Bank of Canada (BoC) interest rate prove correct, because analysts at the global investment firm are saying the BoC will sit on its hands until at least the first quarter of 2020. 

February 15,2019

The Canadian Dollar is likely to cling onto its position as the best performing currency in the G10 universe for the time being but the summer months will see renewed weakness push Loonie exchange rates lower, according to the latest forecasts from J.P. Morgan.  

February 13,2019

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