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%

Oil prices effecting the Loonie

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] Much cheaper to move to Canada As regular readers will know, over the past year the Canadian Dollar has weakened against a basket of major currencies, including the USD and GBP. A typical property purchase of $250,000 CAD would cost you around £20,000 less today, than the same trade … Read more Oil prices effecting the Loonie

Sterling to Candian Dollar reach 2.0

Will Sterling to Canadian Dollar reach 2.0 this year? So far this year the Sterling to Canadian Dollar exchange rates have been heading in one direction in favour of the Pound. When Starting was below 1.80 in January this year, not many would have predicted that just 6 months later we would be trading around … Read more Sterling to Candian Dollar reach 2.0

Oil prices effecting the Canadian dollar

How are low oil prices effecting the Canadian dollar? You’d think it would be safe to assume that low oil prices would have a negative effect on the Canadian dollar, with the economy of Canada being so reliant on the industry. However, this may not be the case. The latest forecasts from the Bank of Canada … Read more Oil prices effecting the Canadian dollar