Sterling stages a recovery, but will it last?

Written by: Alastair Archbold FX Manager T: 01442 892 066 The Pound staged a modest recovery during yesterday’s trading session, rising from €1.13 to €1.1390. The catalyst for the move higher was the release of the latest UK inflation figure, rising to almost 3% in the biggest jump in 4 years. Usually higher inflation would … Read more Sterling stages a recovery, but will it last?

Canadian Dollar round up

Canadian Dollar round up After another volatile week for the Sterling to Canadian Dollar cross last week, we could be in for more fluctuations in the GBP-CAD exchange rates. We started this week trading around 1.72 mid market. This rapidly rose Monday morning to highs of 1.7335 before lunch time. This was mainly due to … Read more Canadian Dollar round up

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 to CAD forecast May 2016

Written by: Richard Beaumont T: 01442 892 060 After a very volatile April in the currency markets, the Canadian Dollar strengthened against both the USD and GBP. This was mainly caused by events overseas, rather than news or data from Canada. Firstly, Canada, as well as many other commodity based economies, had been badly effected by … Read more GBP to CAD forecast May 2016

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

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

Canadian dollar exchange rates rise

Written by: Richard Beaumont T: 01442 892 060 Canadian dollar exchange rates rise Today we have seen the Canadian dollar exchange rates rise after falling against sterling over the past few days. In today’s report we will look at what has caused this and what may still effect the amount you pay for your currency … Read more Canadian dollar exchange rates rise

Canadian Trade Balance Weakens the Loonie

Written by: Richard Beaumont T: 01442 892 060 Canadian dollar exchange rates The Canadian dollar has had a poor start to the week so far, dropping against both sterling and the US dollar. Over the course of the last 24 hours we have seen USD/CAD move from lows of just above 1.30 to highs of … Read more Canadian Trade Balance Weakens the Loonie

GBP-CAD Forecast

Written by: Richard Beaumont T: 01442 892 060 GBP-CAD Forecast April 2016 After the Sterling to Canadian Dollar exchange rates fell away at the end of last week, the GBP-CAD forecast has improved with exchange rates moving from lows of around 1.85 to highs of 1.8670, over the course of the days trading. With little … Read more GBP-CAD Forecast