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The Canadian Dollar weakened Monday after the latest business outlook survey from the Bank of Canada (BoC) revealed a weakening of inflation pressures during first-quarter and pointed to slower economic growth during the months ahead.
April 15,2019
The Pound appears to have exhauseted its rally potential against the Canadian Dollar, but how the exchange rate ends this week will depend on UK employment data and a slew of releases out of Canada.
April 15,2019
The Canadian Dollar could be in for some modest losses over the coming weeks and months but analysts at Morgan Stanley are arguing that such weakness should be used as a buying opportunity because the Loonie will return to its 2018 highs before long.
April 11,2019
The Canadian Dollar is still likely to rise against its U.S. rival this year according to analysts at Commerzbank, as the big Dollar has even further to fall than its Canadian counterpart, although the Pound-to-Canadian-Dollar rate is still expected to rise substantially in 2019.
April 9,2019
From a technical outlook point-of-view, the bigger picture continues to show GBP/CAD possibly poised to weaken over the course of the coming week.
April 8,2019
The Canadian Dollar on the backfoot as another domestic data disappointment points to further potential weakness in the currency.
April 5,2019
"Oil's uptrend is failing to impress the CAD," says Neil Mellor, Senior Currency Strategist with BNY Mellon, in a brief to clients of the investment bank that seeks to explain why the currency could be in for a tough time going forward.
April 4,2019
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