Canadian Dollar News Directory

The Pound-to-Canadian-Dollar rate was volatile last week after being buffeted by events on both sides of the Atlantic but has now found support on the charts and is being tipped by technical analysts to continue post-summer climb to the upside in the days ahead. 

November 25,2019

The Canadian Dollar built on earlier gains over its U.S. and British rivals Friday after September's retail sales data beat expectations, lifting government bond yields which took the Loonie along for the ride although whether the currency can hold above a certain key level might dictate the outlook for the days ahead.

November 22,2019

The Canadian advanced against the Pound and U.S. greenback Thursday after Bank of Canada (BoC) Governor Stephen Poloz used an address to the Ontario Securities Commission to relight the Loonie's fire following a fierce sell-off earlier in the week. 

November 22,2019

The Canadian Dollar was rescued from month-long lows Wednesday by near-target inflation figures for the month of October but the Loonie will be vulnerable to the U.S. Dollar and Pound Sterling in the weeks ahead because the Bank of Canada (BoC) is edging closer to cutting its cash rate. 

December 10,2019

The Pound-to-Canadian-Dollar rate risks dipping lower through the opening stage of the new week but the uptrend that was born back in August is still intact and continues to point the exchange rate in the direction of its March 2019 high.

November 17,2019

The Pound-to-Canadian-Dollar rate remains on course to return to its March 2019 high in the weeks and months ahead but could continue to consolidate within a narrow range for the time being, according to technical analysis from Scotiabank. 

November 14,2019