Canadian Dollar Supported on Prospect of Higher Oil Prices
The Canadian Dollar is being boosted by the latest developments and sanctions imposed by the US on Iran. The price of oil is rising which his generally a good sign for the Canadian Dollar....
Bank of England comments from last week continue to weigh on Sterling’s value
The Pound to Canadian Dollar exchange rate has begun the week flat, as the Pound continues to struggle for direction after the important Bank of England (BoE) meeting last week.
Interest rates in the UK...
Bank of England Interest Rate Decision – how could this impact GBPCAD rates?
GBP/CAD -Despite the anticipated rate hike by the Bank of England (BOE) Sterling has suffered against the Canadian Dollar. Investors are reluctant to move to the Pound due to the lack of clarity surrounding...
Pound hits lowest point against the Canadian Dollar since January
The Pound has been heading in a downwards direction vs the Canadian Dollar over the last few days as the price of Crude Oil has been rising recently hitting as high as USD $75...
GBP/CAD Forecast – CAD’s Value Boosted by Increase in Oil Prices
The CAD has seen it value increase against the Pound over the past week, gaining over two cents against its GBP counterpart.
One of the main factors behind this spike is likely to be the...
GBPCAD Forecast: The week ahead for GBPCAD rates
The Pound to Canadian Dollar exchange rate has been at some of the better rates to sell Canadian Dollars in 2018 as the market perceives a weaker Pound and a stronger Loonie Dollar. With...
Best time in 2 months to buy Pounds with Canadian Dollars
Pound to Canadian Dollar forecast
The Pound to Canadian Dollar exchange rate is balanced precariously above 1.71, we are currently touching levels not seen since the end of May. This is due to a combination...
Pound to Canadian Dollar rate remains around its 6-month low, will the pair break...
Although Sterling is up against the Canadian Dollar over the past year, it's currently trading towards the bottom end of its 6-month trend as a number of issues put pressure on the Pound.
News of...
Brexit Talks and US Trade Tariffs Continue to Influence Investors’ Risk Appetite
GBP/AUD rates have remained fairly flat of late, with the pair hitting a high of 1.7795 overnight. The AUD did find support around this threshold before falling back towards 1.77 by the opening of...
Will GBP/CAD drop below 1.70 in the near future?
GBP/CAD has dropped back a little in the past few weeks following political headaches for U.K Prime Minister Theresa May and an interest rate rise coming from the Bank of Canada, the political tensions...
