Canadian Dollar News Directory

In the medium-term, we are still marginally bullish based on the fact the pair has broken clearly above the range highs on two occasions, as well as the up-sloping nature of the range lows which have risen over time - both are signs of bullish intent.

February 3,2019

The Canadian Dollar held onto its place at the top of the G10 league table Thursday even after official data confirmed that the economy slowed sharply into year-end, which led economists to claim the Bank of Canada (BoC) has been sidelined for the foreseeable future. 

February 1,2019

The Canadian Dollar has further to run in its rally against the U.S. Dollar and other currencies, according to strategists at global investment bank Morgan Stanley, because financial markets are significantly underestimating the extent to which the Bank of Canada (BoC) is likely to raise interest rates this year. 

January 28,2019

The Pound's outlook against the Canadian Dollar has shown a material improvement of late, and on this basis we could expect further gains. But, we are wary of volatility around Tuesday's key Brexit votes in the British parliament and an unexpectedly positive Canadian GDP data release due out mid-week.

January 27,2019

The Canadian Dollar gave up some of its earlier gains Wednesday after official data revealed a steep slump in retail spending during the Black Friday month of November, which implies and economic contraction for that month and adds to a growing body of evidence suggesting growth has decelerated more broadly of late.

January 23,2019

The Canadian Dollar is set to rise against the U.S. Dollar, Euro and Pound this year, according to the latest forecasts from BMO Capital Markets, as oil prices stabilise and the Bank of Canada lifts its interest rate on three occassions. 

January 23,2019