Canadian Dollar Strength following Bank of Canada Rate Hike

Canadian Dollar Strength following Bank of Canada Rate Hike

The pound still faces a volatile period ahead especially with all the political drama coming from the UK right now. GBP CAD has fallen lower this week with rates for the pair sitting just...
Canadian Dollar gains strength following rate hike and positive comments thereafter

Canadian Dollar gains strength following rate hike and positive comments thereafter

Yesterday we saw the Canadian Dollar make fairly solid gains against Sterling and most major currencies over the course of the trading afternoon. First and foremost we did see a much anticipated interest rate hike...
Canadian economy performs despite NAFTA uncertainty

Bank of Canada to raise interest rates tomorrow

Expectations are for the Bank of Canada to rise interest rates at their key interest rate decision tomorrow at 3pm BST. Although this hike is widely expected it would not be a great surprise to...
Canadian Dollar gains strength following rate hike and positive comments thereafter

Will the Bank of Canada change interest rates this week?

The breaking news over the weekend is that Brexit secretary David Davis has announced his resignation after the meeting at Chequers. He left after the meeting as he believed he was no longer the...
Canadian Dollar Strength following Bank of Canada Rate Hike

Big day for economic data in Canada tomorrow – Will the Bank of Canada...

We have a huge amount of economic data due out from Canada over the next 24 hours or so and this may have a slightly larger impact on exchange rates than usual. The reason behind...
Canadian economy performs despite NAFTA uncertainty

Mixed signals for the Canadian Dollar

The Canadian economy has been showing better than expected growth recently and this has led the Canadian Dollar to strengthen during the last few days. Canadian growth during April showed an improvement and this has...
Improvement in growth figures leads to a good end to the week for Canadian Dollar exchange rates

Improvement in growth figures leads to a good end to the week for Canadian...

This afternoon we have seen the last few data releases of the trading week and indeed the month from the U.K and Canada. Growth figures for both economic areas were the two main releases of...
Canadian economy performs despite NAFTA uncertainty

NAFTA uncertainty is damaging CAD

The North American Free Trade Agreement (NAFTA) between Canada, Mexico and the US is currently under renegotiation due to Trump’s unhappiness with the current deal which he has described as “ the worst trade...
Canadian economy performs despite NAFTA uncertainty

UK GDP and Canadian GDP and the chances of a Canadian interest rate hike

The Canadian Dollar has remained relatively unchanged against the US Dollar but has started to make some small improvements vs the Pound. With tensions rising concerning the US Trade Wars, combined with the uncertainty of...
CAD Suffers from slow down in global trade

Global trade wars continue to impact the commodity-based CAD

The CAD was under some pressure yesterday, as concerns over a global trade war continue to grow. Investors have been shying away from the commodity-based currencies such as the CAD, with the Canadian economy heavily...