29 November 2019 The Canadian Dollar Downtrend is Intact Even after Economy Meets BoC Forecast

The Canadian Dollar downtrend remained intact Friday with more losses against the U.S. Dollar and Pound seen ahead after the third-quarter GDP report failed to dispel doubts over whether current Ba…

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27 November 2019 Canadian Dollar Recovers Poise but Technical Damage on Charts Constrains

The Canadian Dollar was buoyed Wednesday by movement on the USMCA agreement front as well as progress toward a ‘phase one’ U.S.-China deal, but technical damage on the charts is acting as a constra…

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26 November 2019 CIBC see Canadian Dollar Weakness in early 2020

Analysts at CIBC say they see a weaker Canadian Dollar in 2020 as the Bank of Canada engages in an interest rate cut early in the new year.

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24 November 2019 Pound-Canadian Dollar Week Ahead Forecast: Breaking Higher after Finding Support on the Charts 

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 analys…

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22 November 2019 Canadian Dollar Fights for Key Level as Retail Sales Keep Rate Cut Bets at Bay

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 …

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21 November 2019 The Canadian Dollar is Bought after BoC Stokes Loonie's Fire, but Uncertainty Lingers

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 fi…

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20 November 2019 Canadian Dollar Rescued by Near-target Inflation but Beware, the BoC is Turning

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 t…

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