Tuesday, August 14, 2018

Oil slide reverses CAD gains

The Bank of Canada interest rate decision this afternoon and their monetary policy statement was largely a non-event and was completely overshadowed by slashed oil prices, causing CAD to weaken on the markets. Oil prices were slashed...
Rate to buy Canadian Dollars with Pounds drops to its lowest level since November 2017

GBP/CAD rises against oil prices

Just one day after the election the rally for the Canadian Dollar following the installation of a majority government is already over, and GBP/CAD is near 2.01 on the markets. GBP/CAD Rates have rallied in the...
Improvement in growth figures leads to a good end to the week for Canadian Dollar exchange rates

Election and the Canadian Dollar

The polls got it incredibly wrong, again, and the Canadian Dollar has swung wildly overnight as a result. We seem to be harking back almost exactly to the UK election, where polls suggested a close...

Canadian Dollar finally weakens

As polls open and North-American markets finally become concerned about the potential for a change of Prime Minister following the latest poll numbers, the Canadian Dollar has finally weakened after a long-delay. The rule of...
Will GBP/CAD drop below 1.70 in the near future?

CAD rates- Election focus

With little data to be released today it's unlikely we will be seeing much movement on CAD value. USD/CAD rates may see some movement as North-American markets open for trading in the morning with...