February 28,2023
February 1,2023
Bank of America says it holds a positive outlook on the Canadian Dollar in 2023 and is more bullish on the currency's prospects than implied by the consensus forecast.
January 10,2023
NBC has released research showing the Canadian Dollar will be one of 2023's better-performing currencies amidst ongoing economic outperformance, while the Pound and Euro will continue to struggle.
January 4,2023
The Pound to Canadian Dollar exchange rate entered the new week near to nine-month highs but could be likely to consolidate its recent gains around 1.65 in the days ahead unless the Loonie finds reason for further underperformance in Canada's latest inflation and economic growth numbers.
December 19,2022
A leading Canadian lender and commercial bank says the Canadian Dollar will strengthen against the Pound and Euro over the duration of 2023, ensuring a recent trend of appreciation proves short-lived.
December 14,2022
The Pound to Canadian Dollar exchange rate outlook has improved further in recent trade and Sterling could now have scope to reach some of its strongest levels since the end of the first quarter after establishing a foothold above the 1.57 handle last week, according to technical analysis from Scotiabank.
November 23,2022
November 14,2022
The Canadian Dollar is forecast to see further near-term weakness against the Pound, Dollar and Euro but a strong recovery through 2023 is predicted by NBC.
November 9,2022
The Canadian Dollar fell to its lowest against the U.S. Dollar since July 2020 this week in another torrid period for risky assets but it could be in line for one of the most significant recoveries if and when the greenback tops out, according to updated BMO Capital Markets forecasts.
September 24,2022
CAD is forecast to fall against the Pound from year-end through to the third quarter of 2023 as the economy enters recession, according to Desjardins Bank.
August 26,2022
Economists at NBC have updated clients with their latest Canadian Dollar forecasts.
August 16,2022
CAD is tipped to maintain that outperformance over coming weeks, but by year-end it should start retreating against GBP and EUR.
August 4,2022
The Pound to Canadian Dollar exchange rate reached one month highs last week but may get an opportunity to advance closer toward the 1.57 handle in the days ahead if the U.S. Dollar remains soft or the Bank of England (BoE) surprises on the upside of market expectations this Thursday.
August 1,2022
"In the global pecking order, CAD is the 2nd best performing G10 currency on the year, and we think Canada's currency fundamentals justify that"
July 15,2022
The Canadian Dollar has been volatile with the Loonie whipsawing almost wildly since the Bank of Canada (BoC) shocked the market with its largest interest rate rise since 1998, throwing a curveball at investors and prompting a range of responses from analysts, a selection of which is included below.
July 14,2022
Quebec based Desjardins Bank are forecasting a steady decline in the value of the Canadian Dollar through the remainder of 2022.
June 30,2022
The Pound to Canadian Dollar exchange rate may be in the process of attempting to reverse a steep multi-month decline but it has so far been stymied by technical resistance around 1.5932 on the charts and may now be likely to consolidate its recent gains near the 1.58 handle in the week ahead
June 28,2022
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