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The Canadian Dollar remains 2021's best G10 performer, however analysts at Canadian lender CIBC say the top might just be in.
June 3,2021
The Pound-to-Canadian Dollar exchange rate tumbled at the opening of a holiday-shortened week and was slipping into the lower half of a month-long range where directional risk could turn higher over the coming days as the Loonie navigates GDP and job data.
June 1,2021
The Canadian Dollar is ripe for a correction says a prominent foreign exchange market analyst we follow, however the assessment at Barclays is that further gains can be realised.
May 24,2021
The Canadian Dollar's stellar run could be due to fade, although analysts at a couple of investment banks we follow say the longer-term outlook still remains resolutely constructive and weakness is likely to be shallow.
May 20,2021
The Canadian Dollar had outperformed in the midweek session but softened after statistical base effects were cited by Statistics Canada for inflation that surged even further above the Bank of Canada target in April, enabling USD/CAD and GBP/CAD to rise tepidly off session lows.
May 19,2021
The Canadian Dollar rose to new six-year highs against its U.S. counterpart on Tuesday as the greenback beat an almost across-the-board retreat from other currencies including Pound Sterling in price action that has so-far kept GBP/CAD locked within a narrow and sideways trading range.
May 18,2021
The Pound-to-Canadian Dollar exchange rate entered the new week on its front foot and may look to edge higher over the coming days as the Canadian Dollar cools its heels following a strong rally that has drawn scrutiny from the Bank of Canada.
May 17,2021
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