Canadian Dollar News Directory

The Canadian Dollar was among the best performing currencies in the G10 space Thursday after February retail sales numbers surprised on the upside but analyst commentary ahead of the Easter weekend suggests Bank of Canada (BoC) rhetoric could weigh on the Lonnie next week. 

April 18,2019

The Canadian Dollar extended gains in a risk-on market Wednesday after March inflation figures surprised on the upside and Statistics Canada revised earlier estimates of the trade deficit in favour of the Loonie, which has got some eyeing the Bank of Canada (BoC) ahead of next week's policy statement.

April 18,2019

The Canadian Dollar weakened Monday after the latest business outlook survey from the Bank of Canada (BoC) revealed a weakening of inflation pressures during first-quarter and pointed to slower economic growth during the months ahead.

April 15,2019

The Pound appears to have exhauseted its rally potential against the Canadian Dollar, but how the exchange rate ends this week will depend on UK employment data and a slew of releases out of Canada.

April 15,2019

The Canadian Dollar could be in for some modest losses over the coming weeks and months but analysts at Morgan Stanley are arguing that such weakness should be used as a buying opportunity because the Loonie will return to its 2018 highs before long.

April 11,2019

The Canadian Dollar is still likely to rise against its U.S. rival this year according to analysts at Commerzbank, as the big Dollar has even further to fall than its Canadian counterpart, although the Pound-to-Canadian-Dollar rate is still expected to rise substantially in 2019. 

April 9,2019