GBP/CAD Forecasts

Written by: Richard Beaumont T: 01442 892 060 GBP/CAD Forecasts March 2016 After a disappointing day for the Canadian Dollar crosses yesterday, we saw GBP/CAD prices fall from the mid 1.88’s down to around 1.87 off the back of some impressive Canadian Manufacturing data. This couple with the Annual Budget in the UK, weakening off the … Read more GBP/CAD Forecasts

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

FOMC minutes do not surprise markets

Written by: Kingsley Walker Currency broker T: 01442 892071 E:[email][email protected] FOMC minutes do not surprise markets, reaction muted. Following the release of yesterday’s FOMC minutes a tightening in monetary policy looks all but certain to take place in December. As mentioned in the previous report markets will now focus their attention on subsequent rate rises … Read more FOMC minutes do not surprise markets

Manufacturing doesn’t disappoint

Written by: Richard Beaumont T: 01442 892 060 E: [email protected]   UK Manufacturing doesn’t disappoint The latest round of inflation figures from the UK were released this morning in the form of Manufacturing PMI. These came in slightly above forecast of 51.3 and actually came in at 51.5. Although only a slight increase, this has helped … Read more Manufacturing doesn’t disappoint

Will the Canadian Dollar stop losing ground

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] Will the Canadian Dollar stop losing ground? The Sterling to Canadian Dollar exchange rates seem to have been on a one way path so far this year. Is the time finally here for the rates to level out? Recent events have seen the advance of Sterling … Read more Will the Canadian Dollar stop losing ground

The US returns to work after Labour Day and the Chinese market continues to frighten the global economy

Written by: Kingsley Walker Currency Broker T:01442 892071 E:[email protected] W: foremostcg.wpengine.com The US returns to work after Labour Day and the Chinese market continues to frighten the global economy, Chinese imports in August fell 14.3% from a year ago and exports fell by 6.1%. In monetary terms this left the economy with a trade surplus … Read more The US returns to work after Labour Day and the Chinese market continues to frighten the global economy

Global monetary policies fail to materialise

Global monetary policies fail to materialise Sterling has been caught in a clear range over the course of the last few weeks where major changes in in global monetary policy are on the cusp of appearing but have, as yet, failed to materialise.  The areas most closely scrutinised have been Europe, the US, and the … Read more Global monetary policies fail to materialise

Busy week ahead for sterling and dollar

Busy week ahead for sterling and dollar It was a relatively quiet day in terms of data on Friday, with only the European CPI flash estimate released. This came in as expected at 0.3%. We did however see some major movement on the GBP/EUR cross, with the pound dropping off from a high of €1.2633 … Read more Busy week ahead for sterling and dollar