Canadian Dollar outlook

Canadian Dollar outlook After the long weekend the GBP/CAD exchange rates have been fairly subdued so far this week. Mid market prices have only fluctuated between a small range from around 1.8850 to lows of just above 1.87. To put this into real terms, a typical property purchase of $200,000 would cost you around £1000 … Read more Canadian Dollar outlook

Data affecting exchange rates this week

What is affecting exchange rates this week The week kicks off fairly quietly for the GBP/CAD cross, with no data of note being released on Monday. Tonight however, there will be a speech by the Bank of Canada’s Governor, Mark Carney. He will be speaking at the National Association of Business Economics, in Washington. The speech titled … Read more Data affecting exchange rates this week

Wholesale Sales bring down CAD

21st April 2015 Oil prices lifting the Loonie This morning the Canadian Dollar started to gain against a host of major currencies including the USD, GBP and EUR before dropping back this afternoon. In todays report let’s look at what is causing the exchange rates to move and how to get the best exchange rates. The … Read more Wholesale Sales bring down CAD

Will a Greece default see them leave the euro?

Are Greece likely to default on their debt? Over the past few weeks we have seen global exchange rates move dramatically. With huge falls in oil prices, the Swiss franc being unpegged from the euro and new stimulus packages in Europe, it has been almost impossible to predict the direction of the exchange rates. The … Read more Will a Greece default see them leave the euro?

GBP/CAD exchange rates hit 1.80

GBP/CAD exchange rates moves six points in under a month Over the past month we have seen the GBP/CAD exchange rates fall six points from around 1.82 to 1.7550, then rise again in a short space of time. With movements like this, it isn’t hard to see why it’s important to stay in close touch with … Read more GBP/CAD exchange rates hit 1.80

GBP/CAD rates of exchange rise as economy continues to improve

UK Data showing further signs of improvement With no data out from Canada today, all movements in the GBP/CAD exchange rates were likely to come off the back of UK figures, as we have various influential data out from the UK . First thing this morning we had some nationwide house price data which came in well above … Read more GBP/CAD rates of exchange rise as economy continues to improve