Tuesday, August 14, 2018
Canadian Dollar Strength following Bank of Canada Rate Hike

Bank of Canada leave interest rates on hold

This afternoon the Bank of Canada left their interest rate on hold at 1.25%. At the press conference Governor Stephen Poloz seemed to be fairly upbeat as he confirmed interest rates could be hiked...
Improvement in growth figures leads to a good end to the week for Canadian Dollar exchange rates

Loonie strengthens due to NAFTA negotiations

Yesterday morning the Canadian dollar made substantial gains against the US dollar as reports were released that the White House want to put forward a preliminary NAFTA framework on the 13th April at the...

Where next for GBPCAD exchange rates?

Throughout yesterday afternoon the Canadian dollar received a well needed boost off the back of reduced trade war tensions. The Wall street stock market rallied following reports that the US and China are prepared...
Best rates to sell Canadian dollars for pounds since November 2017!

GBPCAD rises due to transitional period

So far this week the pound has gone from strength to strength against the Canadian dollar as the UK and EU came to an agreement in regards to the transitional period. Since the start...
Improvement in growth figures leads to a good end to the week for Canadian Dollar exchange rates

Will fears surrounding the Canadian Dollar cause it to drop further? (Joseph Wright)

Those of our readers following the Canadian Dollars value will be aware of the potential downsides to the currency's value should there be amendments to the NAFTA agreement. Seventy percent of the countries trade is...

Canadian dollar boosted – Canada dodges Trump’s metal tariff

The Canadian Dollar has gained in value over the past few days against most major currency pairs, after some positive news for both Canada and Mexico has been announced regarding the impending US metals...

Will the Canadain dollar continue to fall?

In recent months the Candadian dollar has been under severe pressure due to the ongoing NAFTA negotiations and in recent weeks the fall in global stock markets. A fall in global stock markets has...

CAD/USD and CAD/GBP continues to decline

Its been a slow week for the Canadian dollar vs the US dollar as US stock markets tumbles throughout Monday and early Tuesday morning. Economists are trying to put their finger on why the...

Canadian Dollar remains vulnerable due to NAFTA talks (Daniel Johnson)

Trumps demands are unrealistic in regards to NAFTA The Canadian Dollar lost ground against the majority of major currencies recently following poor retail sales and inflation data. There is also the matter of the renegotiation...
Improvement in growth figures leads to a good end to the week for Canadian Dollar exchange rates

Canadain dollar value set to fall

The Canadian dollar has lost ground today off the back of oil prices taking a tumble. Oil is Canada's largest export and there is a direct correlation between oil and the price of the...