Canadian Dollar News Directory

The Pound rose against the Canadian Dollar Friday amid wagers suggesting the UK parliament may after all find a way to prevent a 'no deal' Brexit playing out in October, and analysts at Scotiabank say that nascent gains risk compromising the "bear trend" that's already driven the exchange rate down by sevent percent this year.

August 16,2019

The GBP/CAD exchange rate is seen stabilising and our technical studies suggest scope for some near-term recovery.

August 12,2019

The Canadian Dollar hit the ropes Friday after official data revealed a second consecutive contraction in employment during July and a surprise spike in the unemployment rate, which has further undermined the Loonie just days after losing its position as the best performing G10 currency of 2019. 

August 9,2019

The Canadian Dollar rose Thursday, recovering some of the ground lost to its U.S. and British rivals earlier in the week, but analysts at UBS and CIBC Capital Markets are now warning of a lurch to the downside in the weeks ahead and are tipping the Loonie as a sell.

August 9,2019

GBP/CAD is experiencing a shallow sideways consolidation which is unlikely to result in a reversal higher as it is capped by a major trendline, our suspicion is the downtrend will probably resume.

August 5,2019

The Canadian Dollar has been resilient in the face of a stabilising U.S. rival this week and it remains the best performer in the G10 universe for 2019 but opinion is divided about the outlook for the Loonie, especially now the Federal Reserve (Fed) has began to cut its interest rate. 

August 2,2019