Canadian Dollar News Directory

The Canadian Dollar ceded ground to rivals Wednesday after the Bank of Canada (BoC) confirmed that earlier guidance suggesting it would raise interest rates aggressively this year has effectively been thrown in the bin by policymakers during recent weeks. 

January 9,2019

The Canadian Dollar was unfazed Tuesday by official data revealing a sharp increase in the goods trade deficit for November but local economists say the trade numbers may prevent the Loonie from strengthening any further over the coming days.

January 9,2019

The Pound-to-Canadian-Dollar Rate will return toward its 2018 lows over the coming week, according to analysts at Toronto-headquartered RBC Capital Markets, who are advocating that the bank's clients bet on a decline in the exchange rate. 

January 8,2019

From a technical perspective GBP/CAD looks to be breaking out of the top of a range it has been in since it based in August and that it could surge up to a target in the 1.77s.

December 30,2018

The Canadian Dollar held at an 18-month low against the Dollar and also ceded ground to Sterling Friday, after the latest GDP and retail sales data appeared to put a further dent in the economic outlook.

December 21,2018

The Canadian Dollar extended losses Wednesday after official data revealed a steep fall in inflation during November, which has given the Bank of Canada (BoC) yet another reason to be patient before raising interest rates again.

December 20,2018