28 April 2020 Canadian Dollar Outlook: Delayed Impact of Oil Price Crunch Expected to Hit CAD

The Canadian Dollar retains a firm tone in foreign exchange markets, rising against most major currencies over the course of the past month despite the ongoing crunch in oil markets.

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26 April 2020 Pound-Canadian Dollar Week Ahead: Supported on Charts but Brexit, Lockdown Exit Risks Loom

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 …

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24 April 2020 Pound-Canadian Dollar Forecasts Point Back to 2020 Highs and Beyond 

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…

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23 April 2020 Pound-Canadian Dollar Exchange Rate Nears its 'Big Bang' Moment

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 desce…

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21 April 2020 Canadian Dollar Oil Woes Are In the Price but Upside Limited For Now

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 …

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19 April 2020 Canadian Dollar Week Ahead Forecast: GBP/CAD Upside Fades, Oil Price Slump to Limit Damage

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 consolidatio…

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16 April 2020 Canadian Dollar Forecast to Retain Weak Bias on BoC Policy and Oil Price Declines

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.…

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