CAD News for the Day

Richard Beaumont - Canadian SnippetWritten by:
Richard Beaumont
T: 01442 892 060

There was a lack of any Canadian data out yesterday but this didn’t stop the exchange rates moving as speech by BoE Gov Carney weakened the Pound. Today the only release of note will be Crude Oil Inventories from the US. This is forecast to show expansion of 0.7M but any change from this figure could have an effect on the amount you pay for your currency. The GBP/CAD exchange rates are trading around 1.6260, mid market this morning.

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Richard Beaumont
T: 01442 892 060