Canadian Dollar News Directory

The Canadian Dollar underperformed a number of major rivals Friday as financial markets overlooked a strong January jobs report amid a downward correction in so-called risk assets that's seen oil prices revert to the downside ahead of the weekend. 

February 8,2020

The Pound-to-Canadian Dollar rate bounced off the week's lows ahead of the January jobs report on Friday but earlier losses have left a key technical support level exposed, creating uncertainty about whether its six-month uptrend can endure beyond the weekend 

February 7,2020

The Pound was the best performing major currency last week and is tipped by technical analysts to advance on the Canadian Dollar over the coming days, although fundamental risks also favour more gains for Sterling over the coming days.

February 2,2020

The Pound-Canadian Dollar rate rally endured Friday even after Canada's November GDP beat expectations, with the Loonie the unable to capitalise on any perceived goods news amid mounting concerns over the spread of coronavirus, which has seen oil prices walloped and wounded commodity-sensitive currencies. 

February 2,2020

The Canadian Dollar was weaker on Wednesday as investors the world over continued to mull the possible economic consequences of the rapidly a spreading coranavirus, although even after this performance the Loonie is unprepared for the potential impact the disease could have on the Bank of Canada (BoC) outlook.

January 30,2020

The Pound closed the Friday session having become the second best performing major currency of the week although there could be further gains in store for the coming days if newfound support on the charts holds and the Bank of England (BoE) eschews a Thursday interest rate cut.

January 26,2020