The surprisingly negative shift in stance by the Bank of Canada at their October policy meeting may have been a strategic attempt to weaken the Canadian Dollar, which has been one of the G10’s best…
Read more … →The Canadian Dollar slumped against the its British and U.S. rivals Wednesday after the Bank of Canada (BoC) surprised an offguard market by hinting that an interest cut could be imminent given the…
Read more … →The Pound-to-Canadian-Dollar rate is consolidating recent gains and although there may still be bumps in the road ahead, it's tipped by analysts at Scotiabank to draw fresh buyers upon any dips low…
Read more … →The GBP/CAD rate has undergone a sharp correction and we no longer see the potential for further gains in the short-term as has been the case in our recent week ahead forecasts.
Read more … →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 o…
Read more … →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…
Read more … →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…
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