The Canadian dollar is climbing after the economy added more jobs than expected in September, lowering the likelihood of an outsized rate cut at the Bank of Canada’s upcoming meeting.
October 11,2024
The Pound is prone to further short-term weakness against the Canadian Dollar in the near term.
October 8,2024
"The Canadian dollar is acting like a petrocurrency once again, but we don’t think this will last," says Karl Schamotta, Chief Market Strategist at Corpay.
October 3,2024
The Canadian Dollar could strengthen if the conflict in the Middle East intensifies.
October 2,2024
The Pound continues its march higher against the Canadian Dollar and our Week Ahead Forecast model won't fight the trend.
September 30,2024
The British Pound could be looking to register its strongest monthly close against the Canadian Dollar since 2018 this week.
September 23,2024
The Canadian Dollar starts the new week under pressure owing to a sharp fall in the U.S. Dollar and growing odds of a large 50 basis point cut at the Bank of Canada.
September 16,2024
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