31 July 2020 Canadian Dollar Struggles as Risk Appetite Ebbs, GDP Surprise Marred by Sluggish June Estimate

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 es…

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31 July 2020 Pound-Canadian Dollar Rate Looks for 4-month High as Sterling Rallies while Loonie Underwhelms

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…

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29 July 2020 Canadian Dollar Forecasts: CAD "Running on Empty" says CIBC

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 p…

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28 July 2020 Pound-Canadian Dollar Rate Breakout in Progress as Loonie Sags amid USD Correction 

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…

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26 July 2020 Pound-Canadian Dollar Week Ahead: Looking for an Upside Break but Risking More Range Trading

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 ah…

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22 July 2020 Pound-Canadian Dollar Rate Pained by Brexit Pessimism as Outlook Balances on Knife Edge

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, l…

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21 July 2020 Canadian Dollar Quibbles with Retail Sales Miss but Still Enjoys Oil and Risk Tailwinds

The Canadian Dollar faltered at session highs Tuesday after May retail sales recovered less than was anticipated by the market, although the Loonie retained the support of rallying oil prices …

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