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Poloz and Bank of Canada

The Bank of Canada will this week meet to decide whether to increase interest rates and may help provide some much-needed clarity on the future direction of the GBP/CAD exchange rate.

January 15,2018

canadian dollar 2

The Canadian Dollar is at risk of weakening because of Canada's disproportionate reliance on exports, which are under threat from US protectionism.

January 12,2018

If the Bank of Canada stands pat next week, or sings a dovish tune about future rate rises, it could cause a bloodbath in Canadian Dollar exchange rates.

January 11,2018

Canada's Dollar is riding high now traders are betting on another rate hike from the BoC in January, but some strategists are warning of fool's gold.

January 10,2018

canadian dollar exchange rates 3

Canadian housing data dominates the calendar next week whilst for the UK the main releases relate to trade and economic growth; charts show our previous downside target hit.

January 7,2018

exchange rates 2

The Canadian Dollar was flying on Friday, propelled by better-than-expected employment data which came as a surprise to a market unanimously prepared for worse data.

January 5,2018

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