Canadian Dollar News Directory

The Canadian Dollar was dealt a crushing blow Friday by official data that showed the economy contracting into year-end, as multiple headwinds stymied activity, vindicating the Bank of Canada for having said it will be more patient before raising interest rates this year. 

March 1,2019

The Canadian Dollar ceded its crown as the best performing G10 currency of 2019 to Sterling on Thursday after the Pound-to-Canadian-Dollar rate hit a six month high, meaning the British currency has now advanced against all of its major rivals this year.

March 1,2019

The Canadian Dollar extended gains over rivals Wednesday after official data showed inflation pressures remaining elevated early in the New Year, which if sustained could be enough to draw the Bank of Canada (BoC) off the sidelines later in 2019.

February 27,2019

The Canadian Dollar was weaker Tuesday after President Donald Trump lashed out at the Organization of Petroleum Exporting Countries (OPEC) over its manipulation of oil prices, sending crude benchmarks and the Loonie lower, though analysts say both will rebound before long.

February 26,2019

The Pound-to-Canadian Dollar rate was trading at 1.7145 Monday after rising more than 0.5% last week, but the days ahead are likely to see the pair remain within its established multi-month range pending a fundamental driver that breaks the deadlock. 

February 25,2019

The Canadian Dollar extended gains in a market that was already supportive of risk assets Friday after retail sales data for the month of December showed households weathering a global economic storm in fine fashion, although it's still seen facing an uphill struggle in the New Year.

February 22,2019