Canadian Dollar News Directory

The Canadian Dollar is on course to return to its 2018 highs against the U.S. Dollar and will keep Pound Sterling on its back foot into year-end, according to the latest forecasts from MUFG, which imply the Loonie will retain its crown as the best performing G10 currency of 2019.

July 2,2019

The Canadian Dollar is likely to retain its top position in the G10 league table through the end of 2019 according to strategists at ING Group, who're just the latest to tell clients they should keep buying the Loonie and looking for a continued strong performance against a range of rivals this year. 

July 1,2019

GBP/CAD is in a strong downtrend which is likely to continue eventually and a break below the 2018 lows, confirmed by a move below the 1.6550 level would probably lead to a continuation down to the next target at 1.6400.

June 30,2019

The Canadian Dollar cemented its hold on the top spot in the G10 league table Friday after growth data surprised on the upside ahead of the latest Bank of Canada's (BoC) survey of the business outlook, vindicating some analysts for speculating the Loonie can rule the developed world roost for at least the foreseeable future.

July 2,2019

The Canadian Dollar has now risen above its fundamental value following a month of strong gains, according to a BMO Capital Markets financial model, so the bank has told clients it's better to wait and buy into any forthcoming dips in the currency rather than jumping straight.  

June 28,2019

The Canadian Dollar advanced on its U.S. and British counterparts again on Tuesday and remains in first place within the G10 league table for 2019 but it could rise even further over the coming weeks, according to analysts at RBC Capital Markets. 

June 27,2019