Canadian Dollar News Directory

The Pound-to-Canadian-Dollar rate declined in the opening week of the New Year as the Loonie advanced against all major rivals other than the Japanese Yen, although the outlook for the week ahead sees the exchange rate starting off in neutral ground even though the charts are arguing for further losses. 

January 5,2020

The Canadian Dollar put in a chequered performance against major rivals in the final session of 2019 Tuesday but remained the best performing major currency of the year, although analysts at Scotiabank say the Loonie could be running out of road. 

December 31,2019

The Canadian Dollar has been humbled this holiday week with prior advances against the U.S. Dollar and Pound Sterling brought to a halt after weakness in the consumer sector helped drive the economy to a surprise October contraction, likely stirring unease at the Bank of Canada (BoC)

December 24,2019

The Canadian Dollar got the better of all its major rivals Wednesday after being aided by a surprise increase in the Bank of Canada's (BoC) preferred measures of inflation but some once-bullish local analysts have said they intend to exit bets on the Loonie ahead of anticipated weakness in 2020.  

December 19,2019

The Canadian Dollar was on its front foot Monday as a hat-trick of positive developments on the international trade front continued to lift market risk appetite, although some analysts are tipping further gains into year-end.  

December 16,2019

The Canadian Dollar has been bid higher after U.S. officials said the long-awaited USMCA agreement with Mexico and Canada had been officially signed Tuesday, although the Canadian currency is tipped to remain shaky ahead of an impending deadline in the U.S.-China trade conflict.

December 11,2019