Tuesday, August 14, 2018

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...
Will GBP/CAD drop below 1.70 in the near future?

GBPCAD close to reaching 12 month high!

In recent weeks the GBPCAD exchange rates have continued to climb proving opportunity for Canadian dollar buyers, however I expect exchange rates could get better in the weeks to come. NAFTA negotiations began on Tuesday...
Best rates to sell Canadian dollars for pounds since November 2017!

NAFTA Breakdown threatens the Canadian Dollar? (Daniel Johnson)

NAFTA Negotiations are set to be problematic. The North American Free Trade agreement is key to the health of the Canadian economy. The agreement between the US, Canada and Mexico is under threat as US...
Rate to buy Canadian Dollars with Pounds drops to its lowest level since November 2017

Will GBPCAD continue to rise?

Fresh concerns over the price of Oil following the latest OPEC (Organisation Petroleum Exporting Countries) concerns. Essentially calls to limit global production to help the price of oil rise have hit stumbling blocks, there...
Bank of England comments from last week continue to weigh on Sterling's value

CAD rallies against the US dollar

Over the last 48 hours the Canadian dollar has been performing well against the US dollar as oil prices have rallied. Oil is Canada's largest export and the trend is for the Canadian dollar...

Could the Pound make further gains vs the Canadian Dollar? (Tom Holian)

Sterling vs the Canadian Dollar has had a strong period towards the end of the week with UK economic data all coming out a lot better than expected which has helped to see the...

When to buy Canadian dollars?

Since the second rate hike of the year by the Bank of Canada in September, the central bank have been given a cautious tone. However in recent weeks employment numbers have continued to climb...
Bank of England Interest Rate Decision - how could this impact GBPCAD rates?

How will GBPCAD perform for the rest of the month?

The pound to Canadian dollar has been slipping from the highs of almost 1.68 to more comfortable levels in the 1.64-1.65 range. Most clients looking to buy Canadian dollars are now faced with two...

No further hikes for the Bank of Canada

This week Governor of the Bank of Canada Stephen Poloz surprisingly announced that interest rates wouldn't raised again anytime soon and in fact interest rates could go either way due to fears that household...

Canadian Dollar continue to rise with increased business confidence (Joshua Privett)

The Canadian Dollar has strengthened heavily recently, reach 1 year highs against a floundering US Dollar and over a 4 month high against the Pound. The trend also seems set to continue, so Canadian Dollar...