Canadian Dollar exchange rates are looking increasingly constructive as markets fade bets for an imminent rate hike at the Bank of Canada amidst fears of persistently sticky Canadian wage pressures.
February 12,2024
The Canadian Dollar will appreciate against the Euro, Pound and U.S. Dollar over the duration of 2024, according to the latest currency research update from the Royal Bank of Canada.
February 6,2024
The Pound to Canadian Dollar risks further decline over the coming five days as a broader U.S. Dollar rally aids Canadian Dollar outperformance.
February 5,2024
The Pound to Canadian Dollar exchange rate's 2024 rally appears to have hit the high water market for now, and a deeper pullback is possible if Thursday's Bank of England update lands dovish.
January 29,2024
The Canadian Dollar extended its daily losses against the Pound, U.S. Dollar and other major currencies as the Bank of Canada tilted in a 'dovish' direction in their January policy update.
January 24,2024
The Pound to Canadian Dollar exchange rate retains a constructive setup that could see further upside over the coming days, although the Bank of Canada's midweek policy decision risks dealing the pair a setback.
January 22,2024
The Canadian Dollar could find near-term support if the Bank of Canada errs on the 'hawkish' side next week by batting away expectations for interest rate cuts.
January 19,2024
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