14 April 2020 Pound a "Buy on Dips" against Canadian Dollar says Analyst as OPEC+ Deal Weighs

The Canadian Dollar's ascent against the U.S. Dollar remains intact owing to a broad-based retracement of the Greenback in line with improving global investor sentiment built on the assumption that…

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12 April 2020 Pound-Canadian Dollar Week Ahead: Stuck in a Range as Investors Seek Peak of Mount Coronavirus

The Pound-Canadian Dollar rate closed a second consecutive week Friday having changed little from the prior period and now appears to be setting itself up for a period of range-trading between well…

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09 April 2020 Canadian Dollar Gets Cold Shoulder as Appetite Curtailed by OPEC+ Uncertainty 

The Canadian Dollar was left out in the cold on Thursday even as oil prices rallied ahead of another Organization of Petroleum Exporting Countries (OPEC) meeting in which a months-long trajectory o…

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07 April 2020 The Pound-Canadian Dollar Rate Eyes OPEC+ and Virus Count after Finding Support on Charts

The Pound found support on a cluster of moving averages Tuesday after ceding close to 200 points to the Canadian Dollar to open the week, although oil prices and coronavirus infection numbers are k…

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05 April 2020 Pound-Canadian Dollar Rate Week Ahead: Eyes On 1.68 as Loonie Cheers Oil Recovery, Virus Slowdown

The Pound-Canadian Dollar rate ended last week with only a fractional loss but the going could very easily get a lot tougher for this British exchange rate over the coming days, with technical and …

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02 April 2020 Canadian Dollar: OPEC Cartel Learns 'Art of the Deal'

The Pound-Canadian Dollar rate was stopped in its tracks and humbled Thursday after the Loonie came out of its corner swinging in response to signs that an Organization of Petroleum Exporting Count…

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01 April 2020 Canadian Dollar Placed Up for Sale as Oil Market Armageddon Adds to Economic Woes

The Canadian Dollar underperformed all major rivals Wednesday amid fresh losses for ICE crude oil future, underlining why the Loonie has been tipped as a sell by the Toronto-headquartered TD Securi…

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