Happy New Year

2014 exchange rate movements Happy New Year to all, as we welcome 2015. In today’s report, let’s kick things off by looking at where exchange rates have been in 2014 and what the main factors were in terms of movement during those 12 months. The GBP/CAD exchange rates started the year below CAD$1.75 on the mid … Read more Happy New Year

Carney’s press conference pours cold water on the Pound

Carney’s tone dampens the mood Over the last few months we have seen Sterling strengthen greatly against its counterparts and the GBP to CAD, EUR, USD have all risen off the back of this. The reason for this strength is mainly due to speculation that the UK would be the first of the major economies … Read more Carney’s press conference pours cold water on the Pound