Canadian Dollar News Directory

The Pound-Canadian Dollar rate was little changed last week after more sideways trading that spanned both risk-off and risk-on market conditions, although it remains well supported by a cluster of nearby moving-averages on the charts and is tipped by technical analysts to retain an upside bias in the weeks ahead.

April 26,2020

The Pound was treading water against a resilient Canadian Dollar Friday but will soon return to its 2020 high against the Loonie, according to the latest CIBC Capital Markets forecasts, as historic lows in some oil markets heap more pressure onto the Canadian economy and currency. 

April 25,2020

One exchange rate that is becoming incredibly interesting - at least for those who are stimulated by FX markets - is GBP/CAD, which appears to be defying all the volatility and noise that has descended on the wide financial market place.

April 23,2020

The Canadian Dollar outperformed risky counterparts Tuesday despite ongoing turmoil in the oil futures market, suggesting the Loonie may already be discounting the crude calamity although analysts say that upside is limited for now and that downside risks will abound at least until summer. 

April 21,2020

The Pound-Canadian Dollar rate rose nearly one percent last week but was rejected by the top of its multi-year range in the process and may now be poised for a fresh period of sideways consolidation over the coming days.

April 20,2020

The Canadian Dollar is expected to maintain a soft tone against the Dollar, Pound and other currencies amidst an environment of subdued oil prices and an increasingly more proactive Bank of Canada.

April 16,2020