The Canadian Dollar was lifted by better-than-expected trade figures and positive sentiment across markets Friday but is now being tipped to underperform in the months ahead, as the U.S. economy so…
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The Canadian Dollar faltered in noon trading Tuesday after the official growth figures showed the economy stalling in July, following a strong second quarter, which could risk the Loonie's crown as…
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The Canadian Dollar is in the process of coming off the boil, according to analysts at Bank of America Merrill Lynch, who're sticking by forecasts that the Loonie will weaken against its U.S. and B…
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There are signs the GBP/CAD exchange rate could be resuming its longer-term downtrend and a break below 1.6200 would provide confirmation of this view.
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The GBP/CAD exchange rate is looking constructive in the short-term and may even be forming a longer-term bottom, say analysts at Scotiabank, suggesting it is more likely to rise than fall in the f…
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If GBP/CAD can break above the 1.6692 highs it will probably confirm an extension higher to a target at about 1.6825.
Read more … →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.
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