Canadian Dollar News Directory

The Canadian Dollar has decisively overcome a key technical resistance barrier on the charts but is now tipped by CIBC Capital Markets and TD Securities to consolidate within a narrow range ahead of next week's central bank meetings, before declining gently over the medium-term. 

October 25,2019

The Canadian Dollar softened Wednesday after an upbeat survey reading from the Bank of Canada (BoC) sent the currency head-on into a major resistance level on the charts in the prior session, which is being tipped as likely to produce a short-term correction lower by the Loonie. 

October 23,2019

The Canadian Dollar was creeping higher again Tuesday following the conclusion of the 2019 general election and is now tipped to take its cues from the Bank of Canada's (BoC) third-quarter Business Outlook Survey and retail sales figures for August, both due in the noon hours.

October 22,2019

The Canadian Dollar was creeping higher Monday even as voters prepared to choose the country's next government and is being tipped by some for further gains over the coming days irrespective of the election outcome. 

October 21,2019

GBP/CAD is now looking to be rising within an established uptrend and the bias is for further advances, but some hefty resistance must first be overcome.

October 21,2019

We find there are a number of factors that should keep the Canadian currency supported going forward, but the potential for a bout of political uncertainty on the horizon poses one notable headwind that might keep the increasingly bullish currency restrained.

October 18,2019