The Canadian Dollar fell against its G10 peers and was bracing for a new three-year low against the Pound after inflation numbers effectively pulled the trigger on a June interest rate cut.
May 21,2024
The Canadian Dollar forecast for the week ahead shows better prospects for advance against the U.S. Dollar but vulnerabilities against the Pound and Euro.
May 20,2024
Royal Bank of Canada says it has once again lowered its forecast profile for the Canadian Dollar.
May 14,2024
The Pound and Canadian Dollars find themselves in similar positions: both currencies have been weighed down of late by the suspicion their respective central banks are going to cut interest rates in June.
May 13,2024
A jump in part-time jobs is unlikely to sway the Bank of Canada from cutting interest rates in June, say economists.
May 10,2024
National Bank of Canada says the Canadian Dollar's trend of depreciation is likely to continue owing to economic weakness in Canada, the prospect of lower interest rates and a "CAD-unfriendly" federal budget.
May 10,2024
GBP/CAD's near-term technical outlook is "shaping up positively", according to a new analysis.
May 8,2024
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