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

CAD Forecast – BoC Interest Rate Decision Unlikely to Boost CAD’S Value (Mattew Vassallo)

Any clients with a short-term CAD currency exchange requirement will be keeping a close eye on Wednesday’s Bank of Canada (BoC) interest rate decision and subsequent monetary policy statement. The BoC are expected to keep...
Mixed signals for the Canadian Dollar

CAD Forecast – Positive Employment Data Helps to Boost CAD’s Value (Matthew Vassallo)

The CAD has found plenty of support against Sterling over the past week, hitting 1.7946 at today’s high. This move back below 1.80 has brought some much needed respite to those clients with upcoming CAD...
Mixed signals for the Canadian Dollar

CAD Forecast – Loonie Remains Under Pressure Despite Progress with NAFTA Talks

The CAD has been under pressure of late, with investors moving funds from the Loonie at a rather alarming rate. It has seen significant losses against both Sterling and the USD, although a slight upturn...
Canadian economy performs despite NAFTA uncertainty

CAD Forecast – Loonie Remains Under Pressure Despite Progress with NAFTA Talks

The CAD has been under pressure of late, with investors moving funds from the Loonie at a rather alarming rate. It has seen significant losses against both Sterling and the USD, although a slight upturn...

CAD Forecast – Canadian Economic Growth to Slow in 2018 (Matthew Vassallo)

The CAD is under pressure this week losing ground against a host of the major , with these losses particularly apparent against both Sterling and the USD. Wednesday’s interest rate hike by the US FED...

CAD Forecast – Why is the CAD Struggling Despite Wednesday’s Interest Rate Hike? (Matthew...

The CAD has found life tough going of late, struggling to make any significant impact against Sterling since the turn of the year. GBP/CAD rates move back above 1.73 overnight and although the CAD found...

Why did the Canadian Dollar fall when interest rates were hiked? (Joseph Wright)

Yesterday the Bank of Canada chose to raise interest rates for the third time in the last year. The interest rate now sits at 1.25% and those that decide on making the decision to change...

GBP/CAD Forecast – CAD Finds Support Following Sterling Spike (Matthew Vassallo)

GBP/CAD rates have fallen during Tuesday’s trading, as the CAD found some support around 1.70. The CAD hit a high of 1.6873, giving it some much needed respite following the recent loses against Sterling. Sterling’s performance...

Oil price rise helps the Canadian Dollar vs the Pound (Tom Holian)

The Canadian Dollar increased against Sterling during the course of yesterday's trading session following a rise in the value of Brent Crude oil prices which hit USD$58 per barrel. The Canadian Dollar increased against the...