Canadian Dollar News Directory

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

The Pound-to-Canadian-Dollar rate is set to begin trading around 1.6602 this week after closing the previous one around 2.63% higher on Friday, which kickstarted a new uptrend that is poised to extend further over the coming days.

September 15,2019

The Canadian Dollar is at risk of softening over the coming weeks as investors turn their attention to the looming general election set for late October, with details of the various policy platforms as well as ebb and flow of opinion polls now likely to have an impact on Loonie exchange rates, according to BMO Capital Markets. 

September 10,2019