Tuesday, August 14, 2018

Why has the Canadian Dollar lost value today, and where to next for CAD...

The Loonie has lost value during today's trading session, falling against the US Dollar even if only slightly. At present the CAD to USD exchange rate is trading around its lowest point so far...
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...

CAD Forecast – Global Trade Fears Putting Pressure on the CAD

The CAD fell to a near two week low against the USD earlier this week, as growing fears over a global trade war continue to put pressure on all the commodity based currencies. Despite its...
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...
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...
Canadian Dollar Outlook Uncertain over Turkey Contagion Fears

GBP/CAD Forecats – What next for the Pound? (Matthew Vassallo)

GBP/CAD rates continue to trade close to the high of the past month, despite Sterling coming under pressure against most of the of the other major currencies this week. The Pound hit a high of...
Rate to buy Canadian Dollars with Pounds drops to its lowest level since November 2017

GBP/CAD Forecast – Brexit Negotiations Continue to Dominate Headlines (Matthew Vassallo)

GBP/CAD rates hit a high of 1.7188 earlier today, although the pair have remained extremely flat during Thursday’s trading. The Pound has seen its recent support soften over recent days, as confusion over the on-going...

Canadian Dollar drops in line with oil weakness, will GBP/CAD continue to climb? (Joseph...

The Pound to Canadian Dollar rate breached the 1.70 mark once again this morning, after previously hitting that level back on the first day on this month. Mid-market levels of 1.70 are the highest since...
Best rates to sell Canadian dollars for pounds since November 2017!

Sterling predicted to fall further in 2018, should you exchange your Pounds now? (Joseph...

This morning could be important for Sterling exchange rates as UK trade balance figures for the Pound are due to be released. UK Trade balance figures are important because they will demonstrate the gap between...

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...