GBP to CAD is still climbing

GBP to CAD is still climbing Today we have seen a choppy days trading but the GBP to CAD is still climbing. In todays report, lets look at what is causing today’s volatility and where the exchange rates may be heading. GBP – CAD Graph UK Services data Today we had the latest Services PMI … Read more GBP to CAD is still climbing

CAD cheaper to buy

Written by: Richard Beaumont T: 01442 892 060 CAD cheaper to buy despite poor UK figures So far this week we have seen the pound fall against most major currencies but the sterling to Canadian dollar exchange rates have been the exception. In today’s report, we will look at what is causing both the exchange … Read more CAD cheaper to buy

GBP/CAD exchange rates

Written by: Richard Beaumont T: 01442 892 060 GBP/CAD exchange rates It has been a very quiet week as far as data is concerned for the Canadian Dollar but this hasn’t stopped the exchange rates moving around. In the last week alone, we have seen over a three point movement in the GBP/CAD exchange rates. To … Read more GBP/CAD exchange rates

Sharp drop for the GBP/CAD rates

Written by: Richard Beaumont T: 01442 892 060 Sharp drop for the GBP/CAD exchange rates Today there was another sharp drop for the GBP/CAD exchange rates, after the final data releases of the week. This has made the Loonie more expensive to buy as it gained ground against a basket of major currencies. If you would like … Read more Sharp drop for the GBP/CAD rates

Manufacturing disappointing for Sterling

We have seen a great deal of volatility over the past week in the GBP/CAD exchange rates and it does not look like that is changing any time soon. Sterling to Canadian Dollar rates have been trading between 2.045 and 2.075 over the last seven days. To put this into real terms, a typical transfer of … Read more Manufacturing disappointing for Sterling

Sterling to Canadian Dollars 2016

As everyone gets back to work and normality this week, lets look at how the GBP/CAD exchange rates have been performing and what up and coming events and data releases, may affect your currency purchase in the coming week. GBP/CAD graph Sterling to Canadian Dollars 2016 The UK kicked things off on Monday with some Manufacturing … Read more Sterling to Canadian Dollars 2016

Best time to sell CAD

Best time to sell CAD It has been an extremely volatile week in the forex markets and now may be the best time to sell CAD. Sterling to Canadian Dollar exchange rates have fluctuated between 2.0350 at the high to lows of around 1.9870. To put this into monetary form, a typical transfer of £200,000 would see you … Read more Best time to sell CAD

Will the Canadian Dollar stop losing ground

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] Will the Canadian Dollar stop losing ground? The Sterling to Canadian Dollar exchange rates seem to have been on a one way path so far this year. Is the time finally here for the rates to level out? Recent events have seen the advance of Sterling … Read more Will the Canadian Dollar stop losing ground

Canada lowers interest rates

GBP/CAD over 2.0 after Canada lowers interest rates The Sterling to Canadian Dollar cross has already had a good run this week with exchange rates climbing dramatically. Today we saw them rise further as the Bank of Canada Governor, Stephen Poloz, announced they have cut its interest rates from 0.75% to 0.5%, slashing the countries economic … Read more Canada lowers interest rates

Sterling continues to strengthen against Canadian dollar

UK wage data boosts the pound After a brief fall in the GBP/CAD exchange rates at the beginning of the week, sterling has continued to strengthen this week. Initially, Tuesday’s poor UK inflation data coupled with ongoing uncertainty in Europe caused the pound to fall from around CAD$1.92 to just above $1.90. But yesterday’s figures showed … Read more Sterling continues to strengthen against Canadian dollar