Author Archives: Matt V

CAD Forecast – Canadian Economic Growth to Slow in 2018 (Matthew Vassallo)

The CAD is under pressure this week losing ground against a host of the major , with these losses particularly apparent against both Sterling and the USD. Wednesday’s interest rate hike by the US FED and what seems like a significant breakthrough in Brexit talks, has certainty had a detrimental effect on the CAD. Investors […]

CAD Forecast – Sterling Under Pressure as Brexit Talks Intensify (Matthew Vassallo)

The CAD has found some support against Sterling this week, with the Pound coming under pressure again a host of the major currencies. The CAD had been struggling since the turn of the year, despite positing some positive economic figures. Much of the issues lay with concerns over the North American Free Trade Agreement (NAFTA), […]

CAD Forecast – NAFTA Talks Likely to Drive GBP/CAD Value (Matthew Vassallo)

GBP/CAD rates have levelled out following a positive move for Sterling earlier this week. The pair is now trading just above 1.75, with Sterling making inroads again the majority of the major currencies during the early part of the trading week. This positive move came despite the Canadian economy remaining strong in the eyes of […]

CAD Forecast – Why is the CAD Struggling Despite Wednesday’s Interest Rate Hike? (Matthew Vassallo)

The CAD has found life tough going of late, struggling to make any significant impact against Sterling since the turn of the year. GBP/CAD rates move back above 1.73 overnight and although the CAD found some support around this level, the current trend is somewhat baffling considering the relative health of the UK & Canadian […]

NAFTA Talks and Oil Set to Dictate Canadian Dollar

The talks regarding the North American Free Trade Agreement are continuing to prove tough as little developments appear to be taking place. President Trump has recently indicated that he is prepared to get rid of the treaty and start again as he believes the deal is not good enough for the United States. Should there […]

GBP/CAD Forecats – What next for the Pound? (Matthew Vassallo)

GBP/CAD rates continue to trade close to the high of the past month, despite Sterling coming under pressure against most of the of the other major currencies this week. The Pound hit a high of 1.7256 and despite the CAD finding support under 1.73 of late, it hasn’t threatened to make a major impact despite […]

GBP/CAD Forecast – Brexit Negotiations Continue to Dominate Headlines (Matthew Vassallo)

GBP/CAD rates hit a high of 1.7188 earlier today, although the pair have remained extremely flat during Thursday’s trading. The Pound has seen its recent support soften over recent days, as confusion over the on-going state of Brexit negotiations continues to dominate headlines. Progress regarding the final figure on the UK’s Brexit settlement (rumoured to […]

GBP/CAD Forecast – CAD Finds Support Following Sterling Spike (Matthew Vassallo)

GBP/CAD rates have fallen during Tuesday’s trading, as the CAD found some support around 1.70. The CAD hit a high of 1.6873, giving it some much needed respite following the recent loses against Sterling. Sterling’s performance against the CAD has not been mirrored against most of the other major currencies and therefore the recent spike […]

CAD Strengthens Following BoE Interest Rate Decision (Matthew Vassallo)

Yesterday’s much anticipated Bank of England (BoE) didn’t’ fail to disappoint, although the outcome for the markets was perhaps more unexpected. GBP/CAD rates dropped to towards 1.67 and despite a recent downturn in the Canadian economy, the CAD gained over two cents against the Pound. GBP/CAD had been trading comfortably above 1.70 last week and […]

GBP/CAD Forecast – UK & Canadian Economic Activity Slowing (Matthew Vassallo)

GBP/CAD rates have remained flat during Wednesday’s trading thus far, floating around 1.65 on the market exchange. Investors remain sceptical as to which direction both the UK & Canadian economy may take, with both under pressure for various reasons. Looking at the UK and the Pound’s value has decreased over recent months dropping, by over […]