Canadian Dollar News Directory

The Canadian Dollar gained a shot in the arm on Thursday after positive trade news helped offset marginally disappointing inflation data, giving the currency a boost which helped it to extend its rally against the weaker Pound.

May 16,2019

The Canadian Dollar was on the defensive Wednesday after official data showed domestic inflation pressures weakening and as fears for the global growth outlook mounted further, but Morgan Stanley says there are brighter days ahead for the currency.

May 15,2019

The Pound is seen entering a short-term downtrend against the Canadian Dollar but we caution that the broader context for GBP/CAD remains one of choppy price action, so be aware.

May 14,2019

The Canadian Dollar shot higher and recovered earlier losses from many rivals Friday after official data showed the economy creating new jobs at a rapid clip in April, almost making a mockery of a consensus that had looked for only meagre growth. 

May 10,2019

The Canadian Dollar could become a target for short-sellers over the coming days if markets are right in fearing an imminent escalation of the so-called trade war between the world's two largest economies, some analysts say. 

May 10,2019

The Pound vs. Canadian Dollar exchange rate forecast for the coming week: the technicals suggest further gains while the outcome of cross-party Brexit talks and Canadian employment data will provide the fundamental focus.

May 6,2019