Canadian Dollar News Directory

The Pound-to-Canadian Dollar rate was left flailing on Friday as the Loonie celebrated a better-than-expected July jobs report with gains over other major currencies, while all remained on the back foot against the U.S. Dollar. 

August 7,2020

The Pound-to-Canadian Dollar rate edged lower Wednesday as the Loonie caught up with the rest of the major currency class following a run of underperformances, which could mean the recent rally in GBP/CAD ended with July. 

August 5,2020

The Pound-to-Canadian Dollar rate closed its best week since March Friday and may have further to climb but increasingly the risk is that the rally is undermined, leading Sterling to hand back a substantial part of its recent gain. 

August 2,2020

The Canadian Dollar struggled Friday even after official estimates revealed the May rebound in the economy was larger than economists expected, as risk appetite appeared to ebb and a preliminary estimate from Statistics Canada warned of only a limited further rebound in June. 

August 2,2020

The Pound-to-Canadian Dollar rate was closing in on four-month highs Friday after a solid outperformance by Sterling in a week where the Loonie has lagged others alongside its larger North American counterpart, although the outlook depends largely on whether Canada's currency gets its mojo back. 

July 31,2020

Foreign exchange analysts at Canadian lender CIBC say the Canadian Dollar's poor run of late can extend, citing a stalling in the global economic recovery and end to the recent rally in commodity prices.

July 29,2020