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Currency Updates

Track currency trends and access our reports on the industry from our team of market experts.

FX Daily

Read our daily currency update from our MTFX specialists to get the latest insight on market changes and anticipated ranges of top currency pairs.

FX Weekly

Loonie weakens on slumping oil and CPI disappointment

FX Monthly

Canada's Outlook - In its October meeting, the BoC suggested that interest rates could begin to rise around June of next year, however, continued inflation concerns may force the Bank of Canada to bring forward its monetary policy tightening with a possibility of the first-rate hike in early Q1-2022.

Canadian Dollar Forecast, November 2021

The outlook for rising interest rates in 2022 will provide the Dollar with broad support in the coming months. The North American economy is expected to grow faster than its counterparts in Europe and Japan this year and next, which will boost the value of the Dollar.

Currency Chart

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