USD to CAD daily

USD/CAD chart adopts a "different complexion" after bullish channel breakout show latest post-BoC technical studies.

September 6,2018

The Canadian Dollar weakened a touch Wednesday after the Bank of Canada (BoC) left its interest rate unchanged for December as many had expected, leaving investors to focus on mounting risks to North American Free Trade Agreement (NAFTA) and Canada's trade relationship with the US. 

September 5,2018

Canadian Dollar

GBP/CAD has recovered on NAFTA risks and Brexit progress and the charts suggest the pair may be reversing the down-trend on a short-term basis. The main release for the Pound is sector PMI data and for CAD it is the meeting of the Bank of Canada.

September 2,2018

The Canadian Dollar was on the back foot Friday and is expected to remain on the defensive ahead of a pivotal announcement covering the outcome of North American Free Trade Agreement (NAFTA) negotiations that is expected to come ahead of the weekend.  

September 7,2018

The Canadian Dollar extended losses Thursday after official data showed economic growth picking up sharply in the second quarter but at a slower than expected pace, which may now cast doubt over whether the Bank of Canada goes ahead with another interest rate rise in September.

August 30,2018

nafta

The prospect of a 'no deal' between Canada and the US is eyed as a key risk to the Loonie over coming days.

August 28,2018

GBP to CAD Exchange rate

The daily chart shows that the pair is fast approaching a trendline which could provide a 'make-or-break' level for the exchange rate, above which it would suggest a new trend higher was forming.

August 27,2018

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