The Canadian Dollar is being tipped to experience further weakness by analysts at a global investment bank, who say the hit to oil prices and further action at the Bank of Canada are two reasons to…
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asThe Canadian Dollar was firmer on Thursday as investors cheered actions by the government and central bank cavalry that have calmed flighty risk markets overnight although the Loonie risks fa…
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The Pound-to-Canadian Dollar rate closed its worst week since the October 2016 Sterling flash-crash on Friday after suffering a near-3% loss but it was finding support on the charts Sunday and coul…
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The Canadian Dollar advanced on the Pound and U.S. Dollar Friday in a curious reaction to the Bank of Canada (BoC) suprising markets with a second large interest rate cut in as many weeks.
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Foreign exchange strategists at Nomura - the global investment bank - expect the Canadian Dollar to remain under pressure amidst an environment of suppressed oil prices.
Read more … →The Pound-to-Canadian Dollar rate retreated from its highest levels since 2018 Tuesday amid a rebound in oil prices although the coronavirus threat to the global economy and prospect of a months-lo…
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The Pound-to-Canadian Dollar exchange rate leapt 1.8% in Monday trade as a meltdown in global stocks and oil prices left the Canadian Dollar as one of the FX market's major losers.
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