Interest rates remain the main driver of the Forex (foreign exchange) market. More than any other factor, it is the decisions of central banks that drive currency values. In recent weeks, investor ...

A foreign exchange expert made a bearish call for the Canadian dollar on Monday, anticipating the loonie will hover around 70 ...

In a note sent to clients, BofA Global Research said the FX market has been unusually calm in August—an uncommon occurrence, ...

Bloomberg announced new Canadian foreign exchange benchmark rates. Today, the Bank of Canada will adjust the timing, frequency and calculation of the daily average rate for currencies against the ...

Bloomberg today announced new Canadian foreign exchange benchmark rates, a week ahead of the Bank of Canada’s planned changes. On March 1, The Bank of Canada will adjust the timing, frequency ...

The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie ...

The dollar has recouped most of its losses seen since last Friday when the U.S. Dollar Index (DXY) retreated below the 98 level to a one-month low. Friday’s weakness stemmed from Federal Reserve Chair ...

Crude oil prices tick higher, offering mild support to the commodity-linked Canadian Dollar, while a modest uptick in the US Dollar limits further gains. Traders shift focus to key data releases this ...

The Canadian dollar CAD= was trading 0.2% lower at 1.3227 to the greenback, or 75.60 U.S. cents, after moving in a range of 1.3159 to 1.3236. Other G10 currencies, with the exception of the yen ...

The Canadian dollar was trading 0.1% higher at 1.2867 to the greenback, or 77.72 U.S. cents, after trading in a range of 1.2848 to 1.2893.

At launch, Float FX offers market-leading fees of just 0.25% all-in—up to 90% lower than Canadian banks—along with seamless, built-in currency conversion within the Float platform.

As of Monday afternoon, the Canadian dollar was trading at approximately 72 cents against the U.S. dollar. Tobon does not foresee a drastic collapse of the currency, but he highlights a concerning ...