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Currency News - CAD

Sterling to Canadian Dollar pushes through 1.70

Written by Mr R Beaumont on Tuesday, April 18, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Following the Bank Holiday weekend, Sterling has seen huge strength today pushing GBP/CAD exchange rates through the 1.70 level for the first time since November last year. If you would like to take advantage of these gains, open a free, no obligations trading facility today. GBP/CAD exchange rate graph Shock election news A surprise announcement…(read more)

CAD rates climb

Written by Mr R Beaumont on Thursday, April 6, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Over the past 24 hours the Sterling to Canadian Dollar exchange rates have risen from 1.6650 to highs around 1.68 mid market. To put this movement into monetary terms, a typical purchase of $200,000 CAD would cost you over £1,000 less today, than the same time yesterday. USD/CAD and EUR/CAD both rose around half a…(read more)

GBP/CAD rates fall after Article 50

Written by Mr R Beaumont on Wednesday, March 29, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

The pound has fallen today in anticipation of Article 50 being triggered. Over the past 24 hours we have seen mid-market prices move from highs just below 1.69 to recent lows of 1.6570. To put this into monetary terms, a typical transfer of £250,000 would see you receive over $8,000 CAD less this afternoon, than…(read more)

CAD cheaper to buy

Written by Mr R Beaumont on Monday, March 27, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

As the markets opened in Europe today, the GBP/CAD exchange rates started climbing, before peaking just below 1.69, mid market. This has made it a vast amount cheaper to buy the Canadian dollar. To put this into monetary terms, a typical transfer of £250,000 would see you receive over £5,000 more this afternoon, than the…(read more)

An eventful 24 hours for the Loonie

Written by Mr R Beaumont on Thursday, March 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

It has been an eventful day in the currency markets with various political and economical events changing the price you pay for your currency. GBP/CAD has risen this afternoon to highs of 1.6470, mid market. USD/CAD fell following comments from the Fed to lows around 1.3280. After the initial fall following news from the US,…(read more)

What has moved the exchange rates?

Written by Mr R Beaumont on Wednesday, March 8, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Both Canadian Housing Stats and Building permits showed huge improvement today, beating forecasts by some margin. This was good news for the Canadian economy as it points to good construction figures. Crude Oil figures helped the Loonie further as the results showed an increase of 8.2m barrels during the past month. Given Canada is so…(read more)

Canadian Dollar Exchange Rate

Written by Mr R Beaumont on Tuesday, March 7, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Written by: Richard Beaumont T: 01442 892 060 We have seen GBP/CAD exchange rates fall away throughout the day, from highs around 1.642 to recent lows of 1.633. Both USD/CAD and EUR/CAD remained fairly flat throughout the day’s trading, around 1.34 and 1.4180 respectively. Overall we have seen the Canadian dollar strengthen off the back…(read more)

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