GBP/USD pushing back towards $1.30

The past forty-eight hours has been nothing but positive for the GBP/USD cross, with the currency pair currently trading around three cents higher than on Tuesday morning. After falling to $1.2707 the pound has been steadily rising and is now back within touching of the $1.30 barrier. GBP/USD graph Why has the pound risen? Although … Read more GBP/USD pushing back towards $1.30

BREAKING NEWS: Inflation jumps to 2.3%

Written by: Alastair Archbold FX Manager T: 01442 892 066 UK inflation figures have just been released, showing that the annual CPI reading was 2.3%, a little higher than expected and above the 2% target at which the Bank of England would normally raise interest rates. Following on from last week’s BoE minutes, the markets … Read more BREAKING NEWS: Inflation jumps to 2.3%

UK Inflation increases

Written by: Richard Beaumont T: 01442 892 060 UK Inflation increases strengthening the pound This morning we saw the first of the meaningful data effecting the GBP/CAD cross. This was in the form of UK CPI numbers. CPI or Consumer Price Index, shows the change in price of goods purchased by consumers over the past … Read more UK Inflation increases

UK Inflation remains at 0.3%

Canadian Dollar overview After a very quiet start to the week Monday, today we have seen a little more volatility in the Canadian Dollar crosses. The exchange rates remained flat throughout the day yesterday, with GBP/CAD exchange rates trading around 1.88, mid market. There was no data of note from Canada due out today, so it is the news from overseas … Read more UK Inflation remains at 0.3%

Huge falls in GBP/CAD

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] Huge falls in GBP/CAD exchange rates after some strong data. There have been huge falls in GBP/CAD exchange rates over the past week, dropping from just below 2.03 to today’s lows of under 1.97, as you will see from the graph below. To put this movement into … Read more Huge falls in GBP/CAD

What is moving the Canadian Dollar exchange rates?

Written by: Richard Beaumont T: 01442 892 060 E: [email protected]ld.co.uk 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?

Super Thursday

Mixed week for GBP/CAD exchange rates It has been a mixed week for the Sterling to Canadian Dollar cross with exchange rates falling below for the first time this year, before recovering to around 2.02. There has been no data of relevance from Canada so far this week but the UK has seen several releases … Read more Super Thursday

Long term Canadian Dollar forecast

This weeks data effecting exchange rates This week has been slow to kick off for the GBP/CAD exchange rates, with only some minor releases moving the markets Monday and Tuesday. Wednesday brings a speech by MPC member Shafik and some house price data from the UK. The most important release will be from the US, in the form of Crude … Read more Long term Canadian Dollar forecast

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

Fed finally moves

Fed finally moves In a historic move the FOMC and Fed Chair Janet Yellen raised the base interest rate from 0.25% to 0.50%, a move which has been widely expected from investors and market commentators. Rates in the US have been at near zero since the 2008 financial crisis and raising the rate will help … Read more Fed finally moves