Canadian Dollar News Directory

The Pound-Canadian Dollar recovery off post-election lows was aided this week by signs of a policy flip-flop from the Bank of Canada (BoC) but appetite for Sterling will be tested over the coming days so the short-term outlook for the exchange rate remains unclear. 

January 23,2020

The Canadian Dollar retreated from Pound Sterling and all other major rivals Tuesday amid broad declines in stock and commodity markets, although Wednesday's Bank of Canada (BoC) interest rate decision is also increasingly coming onto the radar of investors. 

January 22,2020

The Pound suffered its third largest loss against the Canadian Dollar last week as it underperformed all major rivals although the charts suggest that further losses could be likely in the days ahead.

January 20,2020

The Pound-to-Canadian-Dollar rate has already seen the steepest losses of all British currency pairs but it's likely to fall even further in the months ahead as Europe largely sits out a global currency riposte to the U.S. Dollar, according to new forecasts from Canada's Desjardins. 

January 16,2020

The Pound-to-Canadian-Dollar rate clung to a minor fraction of its earlier gains at the close Friday but is again under increasing pressure from a resilient Loonie that's been bolstered by the joint-highest interest rate in the developed world, although price action will be driven more from the Sterling side of the equation in the coming days.

January 13,2020

The Canadian Dollar went from near-zero to hero Friday after the December jobs report appeared to suggest the previous dire reading of the employment situation was just a blip that should remain confined to the rearview mirror, which has come as balm to the interest rate outlook.

January 10,2020