Canadian Dollar News Directory

 asThe Canadian Dollar was firmer on Thursday as investors cheered actions by the government and central bank cavalry that have calmed flighty risk markets overnight although the Loonie risks falling to levels not seen since after the turn of the new millennium over the coming weeks, according to some analysts. 

March 19,2020

The Pound-to-Canadian Dollar rate closed its worst week since the October 2016 Sterling flash-crash on Friday after suffering a near-3% loss but it was finding support on the charts Sunday and could go on to recover somewhat over the coming days. 

March 15,2020

The Canadian Dollar advanced on the Pound and U.S. Dollar Friday in a curious reaction to the Bank of Canada (BoC) suprising markets with a second large interest rate cut in as many weeks.

March 13,2020

Foreign exchange strategists at Nomura - the global investment bank - expect the Canadian Dollar to remain under pressure amidst an environment of suppressed oil prices.

March 11,2020

The Pound-to-Canadian Dollar rate retreated from its highest levels since 2018 Tuesday amid a rebound in oil prices although the coronavirus threat to the global economy and prospect of a months-long oil price war between Saudi Arabia and Russia could help the exchange rate retain an upside bias in the weeks ahead.

March 10,2020

The Pound-to-Canadian Dollar exchange rate leapt 1.8% in Monday trade as a meltdown in global stocks and oil prices left the Canadian Dollar as one of the FX market's major losers.

March 9,2020