Poloz and the Canadian Dollar

The Bank of Canada’s April policy meeting has resulted in a stronger Canadian Dollar.

April 12,2017

Canadian housing data helps CAD

The Canadian Dollar was one of the better performing currencies at the start of the new week following data that showed Canadian housing starts surged to 253.7K in March, the highest level since September 2007.

April 10,2017

canadian dollar 1

GBP/CAD had been rising quite strongly at the end of March after a long period of sideways consolidation, however, it recently pulled back after peaking at 1.6893 at the end of March, will the uptrend resume or will we see more downside?

April 10,2017

canadian dollar 4

The Pound has risen sharply versus the Canadian Dollar in recent weeks as Hard Brexit fears have eased.

April 6,2017

Bank of America Merrill Lynch analysis of Canadian Dollar

The Canadian Dollar is looking pricey at current levels argues fresh research into the currency.

April 4,2017

canadian dollar 3

The Pound was rising strongly against the Canadian Dollar until it stalled this week after concerns about the triggering of article 50, led to a pull-back, which, however, then reversed after the consilatory tone of the initial communications between the two parties gave hope of a soft-landing.

April 3,2017

canadian dollar 2

The US Dollar tends to weaken and Oil tends to rise in the month of April, according to research by UBS.

March 30,2017

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