08 December 2019 The Pound-Canadian Dollar Week Ahead: UK Election Risk Looms as Market Digests Horror Show Jobs Report

The Pound-to-Canadian-Dollar rate closed on a high Friday after a strong weekly performance for Sterling and due to a horror show of a November jobs report from Canada but the looming UK general el…

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06 December 2019 Canadian Dollar Can Hold Recent Gains, Some Say, as Jobs Data Looms

The Canadian Dollar was treading water early in the Friday session and has been tipped some local analysts to cling onto its recent gains in the weeks ahead, although others are concerned that alre…

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04 December 2019 Canadian Dollar Soars after the BoC Sounds an Almost Hawkish Tone

The Canadian Dollar soared Wednesday after the Bank of Canada (BoC) surprised markets with what was an almost 'hawkish' assessment of the global and domestic economic outlooks, leading to a reversa…

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01 December 2019 The Pound-Canadian Dollar Rate Week Ahead: Supported on Charts but at Risk from Polls

The Pound-to-Canadian-Dollar rate is tipped by technical analysts to remain supported in the days ahead, although an apparent ebbing of support for Prime Minister Boris Johnson's party in pre-elect…

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29 November 2019 The Canadian Dollar Downtrend is Intact Even after Economy Meets BoC Forecast

The Canadian Dollar downtrend remained intact Friday with more losses against the U.S. Dollar and Pound seen ahead after the third-quarter GDP report failed to dispel doubts over whether current Ba…

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27 November 2019 Canadian Dollar Recovers Poise but Technical Damage on Charts Constrains

The Canadian Dollar was buoyed Wednesday by movement on the USMCA agreement front as well as progress toward a ‘phase one’ U.S.-China deal, but technical damage on the charts is acting as a constra…

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26 November 2019 CIBC see Canadian Dollar Weakness in early 2020

Analysts at CIBC say they see a weaker Canadian Dollar in 2020 as the Bank of Canada engages in an interest rate cut early in the new year.

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