Canadian Dollar Market Reports & Forecasts
Our forecasts and market reports on the Canadian Dollar will keep you fully up to date on everything you need to know. With detailed news, currency rate changes and forecasts. Subscribing to our reports will ensure you’re always in the loop.
The mid to longer term projections point to Canadian Dollar strength as oil prices look set to rise. With the UK government now able to begin the EU exit process GBP/CAD may shy away from their recent highs.
The Canadian economy is showing signs of strength but what impact could a Trump Presidency have on the longer term outlook?
Trump’s tax plans could hurt the Canadian economy, but his plans to follow through with the controversial Keystone XL pipeline may benefit oil production between the two nations.
Trump’s economic plans could hurt the Canadian economy, as he plans to bring back the US oil industry. Further movements for GBPCAD may arise from the Supreme Court ruling this week.
The BoC kept base interest rates on hold overnight, but further cuts are in the pipeline if circumstances change. Trump’s economic plans could impact the Canadian Dollar, alongside falling oil prices.
Stronger oil prices and a positive outlook for the Canadian economy could have implications for GBP/CAD, ahead of the UK’s divorce from the EU in March.
The Canadian Dollar has performed very well against the Pound so far during 2017. This is mainly due to a sharp rise in the price of Brent Crude Oil, along with Sterling weakness.
The Canadian economy had a turbulent 2016, however economists are forecasting a better year for the Canadian Dollar in 2017 for a number of reasons. This Canadian Dollar forecast looks at why 2017 could see Canadian Dollar strength.
Stronger oil prices could help bolster the Canadian Dollar but key economic releases this week could create spikes for GBP/CAD exchange rates.
Oil prices remain on the lower end of $50 a barrel which could be at the detriment of the Canadian economy, which is expected to show no growth in today’s GDP figures for October.