The Canadian Dollar entered the Thursday session on the front foot, staging a riposte against the developed world currency basket, following a speech from Bank of Canada governor Stephen Poloz that dispatched market fears that a recent escalation in concerns over a "trade war" would keep it from raising interest rates on July 11. 

June 28,2018

The Canadian Dollar is on the verge of another leg down that could see it reach fresh multi-year lows against the US Dollar in the weeks ahead, according to strategists at Toronto-based TD Securities, given that news related to the North American Free Trade Agreement (NAFTA) negotiations is going from bad to worse on a near-daily basis. 

June 26,2018

Technical studies suggest heightened risk of pause in the uptrend for GBP/CAD but for Sterling, much will depend on this week's EU summit. For the Canadian Dollar, global trade, GDP numbers and Poloz are in focus.

June 25,2018

The Canadian Dollar is the worst performing global currency on the day, over the past week and over the past month. Today's retail and inflation data only serve to cement the currency's position as global FX's laggard.

June 22,2018

The Canadian Dollar is destined to succumb to renewed weakness against its US rival in the weeks ahead, according to strategists at TD Securities, as markets focus on the growing gap between interest rates on either side of the US-Canada border.

June 21,2018

The Canadian Dollar weakened for a second consecutive session Tuesday as strategists at Bank of America Merril Lynch, one of the world's top ten investment banks, warn that further losses are lurking just around the corner for the Canadian currency. 

June 19,2018