Effects of the Budget Statement

Written by: Richard Beaumont T: 01442 892 060 GBP/CAD Forecast Overview After a brief movement back up into the 1.90’s at the end of last week, the GBP/CAD exchange rates have declined again. Over the past month we have seen Sterling to Canadian Dollar exchange rates fall away, as uncertainty surrounding the future of Britain … Read more Effects of the Budget Statement

Autumn budget statement could move exchange rates

UK construction data misses forecasts After UK manufacturing data came in above forecast yesterday, many thought today’s construction data would follow suit. The GBP/CAD exchange rates started to climb in anticipation before the release, but when the actual figure came in below the forecast the pound fell back under CAD$1.78. Tomorrow could be a very volatile day for the sterling … Read more Autumn budget statement could move exchange rates