Canadian Dollar News Directory

The Bank of Canada increases policy interest rate by 75 basis points to 3.25%, but it is becoming increasingly clear it is ready to slowdown its pace of hikes.

September 7,2022

The Pound to Canadian Dollar exchange rate rallied from 12-year lows early in the new week and could potentially advance further toward 1.53 in the days ahead if given the right combination of policies from the new UK government on Tuesday and the Bank of Canada (BoC) on Wednesday. 

September 6,2022

The Pound to Canadian Dollar exchange rate fell to its lowest since June 2010 last week but would risk further losses that could pull it closer toward the 1.50 handle in the days ahead if North American currencies continue to outperform or if Sterling remains a relative laggard.

August 30,2022

The Pound to Canadian Dollar rate reached its lowest level since April 2013 this week but could be at risk of falling as far as 1.50 in the weeks and months ahead without a meaningful improvement in the market's appetite for Sterling.

August 26,2022

CAD is forecast to fall against the Pound from year-end through to the third quarter of 2023 as the economy enters recession, according to Desjardins Bank.

August 26,2022

"It is difficult to see the light in the tunnel for GBP," says Swedbank.

August 22,2022