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Currency News - CAD

Strengthening pound pushes GBP/CAD rates up

Written by Mr R Beaumont on Wednesday, February 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Written by: Richard Beaumont T: 01442 892 060 The pound has gained ground against the Loonie over the past twenty four hours. The UK inflation hearing was seen as positive and the BoE hinted they are happy to let inflation rise above their 2% target, but only so far before raising interest rates. GBP/CAD exchange…(read more)

Tuesday’s Canadian Dollar Forecast

Written by Mr R Beaumont on Tuesday, February 21, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Written by: Richard Beaumont T: 01442 892 060 Despite the lack of data from Canada today, we have seen GBP/CAD exchange rates fluctuate between 1.63 and 1.64 throughout the day. With such a volatile market, it is more important than ever to stay in close contact with your Foremost Currency Group account manager. Let us…(read more)

Sterling Struggles to Find Strength, Loonie Receives Boost

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

Written by: Richard Beaumont T: 01442 892 060 Since the tail end of last year, we have seen the sterling to Canadian dollar exchange rates fall away from highs around 1.70 to recent lows in the 1.57s. To put this into real terms, a typical transfer of £250,000 would see you receive a difference of…(read more)

Sterling to Canadian Dollar Rates Rebound

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

Written by: Richard Beaumont T: 01442 892 060 As you can see from the graph below, the GBP/CAD exchange rates have fallen around three points this week before recovering back towards 1.65. In today’s report we will look at what has been causing these movements and what up and coming events may change the amount…(read more)

Sterling to Canadian Dollar recovers

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

Written by: Richard Beaumont T: 01442 892 060 It looked like the rates were falling when markets opened today but GBP/CAD exchange rates have climbed steadily throughout the day from around 1.62 to highs around 1.6350. If you would like to take advantage of these recent movements, speak to your dedicated account manager today or…(read more)

Buying Canadian Dollars Today

Written by Mr R Beaumont on Friday, February 3, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Written by: Richard Beaumont T: 01442 892 060 The GBP/CAD exchange rates have fallen further today, making it more expensive to buy the Loonie. In today’s report we will look at what has caused the recent fall and what will move the exchange rates next. GBP/CAD exchange rate graph Service Sector causes GBP/CAD to fall…(read more)

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