Canadian Dollar News Directory

The Canadian Dollar stopped an advancing U.S. greenback and Pound Sterling in their tracks Friday after retail sales data for the month of June surprised strongly on the upside, although a speech by Federal Reserve (Fed) Chairman Jerome Powell was threatening to rain on the Loonie parade in the final session of the week.

August 23,2019

Canada's Dollar ceded ground to its U.S. and British rivals Thursday after movement on the Brexit front aided Sterling and as the American bond market threw another tantrum ahead of an eagerly-awaited speech from Federal Reserve (Fed) Chairman Jerome Powell, which lifted the greenback at the expense of most other currencies.

August 23,2019

The Canadian Dollar soared against the Dollar and Brexit-battered Pound Wednesday after official data revealed a surprise surge in inflation for the month of July, which might further constrain the Bank of Canada (BoC) ahead of any eventual decision to cut its interest rate. 

August 22,2019

GBP/CAD trading in a range at a major trendline and our technical studies suggest there is the possibility of further upside in short-term.

August 19,2019

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