Canadian Dollar News Directory

The Pound-to-Canadian Dollar rate retains an upside technical bias heading into a week that's set to bring the market's focus back onto the outlook for interest rates on each side of the exchange rate equation, with downside risks for both Sterling and Canada's Loonie. 

February 16,2020

The Pound-Canadian Dollar rate retains an upside bias, according to technical analysts, but fresh losses are forecast to blight the British unit before long as investors give it a wide berth again ahead of the next Brexit deadline.  

February 12,2020

The Pound-to-Canadian Dollar rate fell almost two percent last week amid moves that have placed a question mark over the six-month uptrend on the charts, and the exchange rate now needs the Loonie to weaken if Sterling is to retain its upside impetus. 

February 9,2020

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