Currency strategists from some of the world’s leading banks give their views below on what 2018 might bring for the Canadian Dollar, otherwise known as the Loonie.
January 2,2018
The Canadian Dollar sold off Friday after worse-than-expected GDP data for October poured cold water over earlier hopes of another interest rate rise in the near future.
December 22,2017
Oil prices are up after inventories slumped last week, however, traders expecting a breakout will need to wait for further bullish confirmation.
December 21,2017
The CAD is no longer influenced by oil prices in the way it once was, neither is the NOK. Why has the relationship between “black gold” and foreign exchange rates changed?
December 20,2017
Canada's economy appears over its recent blip although the BoC remains cautious and strategist opinions on the Loonie are mixed.
December 6,2017
The Canadian Dollar has always been characterised by its strong relationship with the price of oil and as third-quarter trade data is released we investigate the latest twist and turn of the relationship.
December 1,2017
Oil.. petroleum.. black gold - by whatever name it is known, the commodity has been surging of late due to political upheaval in Saudi Arabia - but what is the likely impact on foreign exchange?
November 7,2017
Multiple bullish signals adorn the chart of the Pound-to-Canadian Dollar, which combined with a probable interest rate rise in the UK suggests more upside for the pair.
October 30,2017
The Canadian Dollar has been the best performing currency over the last 24-hours but short-term strength belies longer-term risks, particularly from volatile trade relations with America.
October 12,2017
The Pound-to-Canadian Dollar must be causing traders a headache as it has changed direction once again.
October 11,2017
The Pound-to-Canadian Dollar is likely to extend lower as the outlook favours more Canadian Dollar strength on the horizon, due to recent data proving relatively strong.
October 9,2017
Sterling sold off almost half a percent against the Canadian Dollar (Loonie) on Thursday morning after a variety of factors and news reports undermiend confidence in the currency.
October 5,2017
The Canadian Dollar might be at risk in the short-term from an aerospace trade dispute blow-up but longer-term it is seen as unlikely to weaken, as the US will probably find it harder-than-expected to withdraw from NAFTA.
October 5,2017
The Pound is expected to weaken further against the Canadian Dollar as bears chase a technical sell-off brought on by Sterling weakness, says research from Canadian lender Scotiabank.
October 4,2017
The Pound-to-Canadian Dollar has been trading in a sideways range for over a week but now looks increasingly like it might break out higher.
October 1,2017
The Pound-to-Canadian Dollar is in a short-term uptrend, which despite signs weakness and reversal is still technically intact and thus on balance still likely to extend, nevertheless, we also accept that the pair presents an ambiguous outlook with also much potential for weakness.
September 25,2017
The Pound-to-Canadian Dollar experienced a rocky end to the week, and this may be the start of an increase in volatility and deeper declines in the days to follow.
September 22,2017
The Pound-to-Canadian Dollar has risen strongly since the Bank of England (BOE) rate meeting on Thursday, which resulted in the Sterling half of the pair strengthening.
September 18,2017
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