Canadian Dollar

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

Canadian Dollar

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

Canadian Dollar

If GBP/CAD can break above the 1.6692 highs it will probably confirm an extension higher to a target at about 1.6825.

September 23,2019

Canadian Dollar and oil

Oil production cuts caused by the recent drone attack on Saudi Arabia may not be outright bullish for the Canadian Dollar according to analysis from National Bank of Canada.

September 20,2019

The Canadian Dollar was higher against most rivals Thursday amid another bump in oil prices but is fast running out of road, according to economists at CIBC Capital Markets, who're tipping the Loonie to fall before year-end and continue depreciating throughout 2020. 

September 20,2019

The Canadian Dollar posted a mixed performance Tuesday, softening against the greenback but gaining over Sterling, as markets responded to inflation figures for the month of August but multiple analysts are tipping the Loonie to remain firm against rivals for a while yet. 

September 18,2019

The Canadian Dollar pared gains from the overnight session during early trading Monday but could continue to receive support in the coming days from spike in the oil price brought on by a supply shock and fresh fears of conflict in the Gulf after Iran was accuse of an attack on a Saudi Arabian oil facility.

September 16,2019

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