Canadian Dollar News Directory

The Pound-to-Canadian-Dollar rate is trading at around 1.6404 at the start of the new week after closing the previous one almost a full percentage point higher, although the exchange rate is biased toward a continuation higher in the days ahead.

October 7,2019

The Canadian Dollar was lifted by better-than-expected trade figures and positive sentiment across markets Friday but is now being tipped to underperform in the months ahead, as the U.S. economy softens and takes the Loonie down with it. 

October 4,2019

The Canadian Dollar faltered in noon trading Tuesday after the official growth figures showed the economy stalling in July, following a strong second quarter, which could risk the Loonie's crown as the best performing major currency of 2019 in the months ahead if it portends a change in trend. 

October 3,2019

The Canadian Dollar is in the process of coming off the boil, according to analysts at Bank of America Merrill Lynch, who're sticking by forecasts that the Loonie will weaken against its U.S. and British rivals into year-end.

September 30,2019

There are signs the GBP/CAD exchange rate could be resuming its longer-term downtrend and a break below 1.6200 would provide confirmation of this view.

September 30,2019

The GBP/CAD exchange rate is looking constructive in the short-term and may even be forming a longer-term bottom, say analysts at Scotiabank, suggesting it is more likely to rise than fall in the future.

September 25,2019