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

Canadian Dollar rates

Written by: Richard Beaumont T: 01442 892 060 Canadian Dollar cheaper to buy Despite only some minor data out yesterday, the GBP/CAD exchange rates continued on a volatile path, with trading up around a point and a half from yesterday morning. Despite some much better than expected housing starts numbers from Canada, the much worse than … Read more Canadian Dollar rates

GBP/CAD exchange rates this week and what is moving them

What is moving GBP/CAD exchange rates this week As you will see from the Graph below the GBP/CAD exchange rates, have taken a turn for the worse recently. Prices have gone from well above 2 Canadian Dollars to the Pound, to just above 1.87 at the recent lows. To put this movement into real terms, … Read more GBP/CAD exchange rates this week and what is moving them

UK Manufacturing Slows

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] UK Manufacturing down Today saw the latest UK Manufacturing and Industrial Production figure being released. These inflation numbers were closely watched, as the BoE is having a great deal of trouble raising interest rates while inflations remains around zero. They were forecast to show a flat zero … Read more UK Manufacturing Slows

UK trade gap worries

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] It has been a very volatile year so far for global exchange rates and the Sterling to Canadian Dollar cross has been no exception. In today’s report, let’s look at what data releases and events may effect the exchange rates this week. Trade gap causes Sterling … Read more UK trade gap worries

What is moving the Canadian Dollar exchange rates?

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] It has been a very volatile year so far for global exchange rates and the Sterling to Canadian Dollar cross has been no exception. In today’s report, let’s look at what data releases and events may effect the exchange rates this week.   GBP/CAD Graph … Read more What is moving the Canadian Dollar exchange rates?

Canadian Dollar recovers from two week lows

Canadian Dollar recovers from two week lows After reaching the two week low on Tuesday of around 2.002 the Sterling to Canadian Dollar exchange rates have started to recover. This was due to the UK GDP forecasts for 2016 being revised upwards slightly. Since then, trading has been choppy at best but mid market GBP/CAD prices have remained above … Read more Canadian Dollar recovers from two week lows

Canadian Dollar Movements and Forecasts

What has moved the Canadian Dollar? After the UK Bank holiday on Monday and no data from Canada, the week really kicks off on Tuesday for the GBP/CAD cross. Data is still very thin on the ground today with only corporate profits from Canada and UK mortgage approvals being released throughout the day. Corporate profits show the … Read more Canadian Dollar Movements and Forecasts