Tag Archives: award winning exchange rates

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 […]

Will fears surrounding the Canadian Dollar cause it to drop further? (Joseph Wright)

Those of our readers following the Canadian Dollars value will be aware of the potential downsides to the currency’s value should there be amendments to the NAFTA agreement. Seventy percent of the countries trade is with the US so if US President, Donald Trump does force through amendments to the current North American Free Trade […]

Canadian dollar boosted as Canada dodges Trump’s metal tariff (Joseph Wright)

The Canadian Dollar has gained in value over the past few days against most major currency pairs, after some positive news for both Canada and Mexico has been announced regarding the impending US metals tariffs. US President, Donald Trump recently threatened to impose tariffs on metals imported into the US from all countries. His plans […]

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/USD and CAD/GBP continues to decline

Its been a slow week for the Canadian dollar vs the US dollar as US stock markets tumbles throughout Monday and early Tuesday morning. Economists are trying to put their finger on why the stock market crashed and many are suggesting the recent jobs data in the US coupled with the incoming new Chair of […]

Canadain dollar value set to fall

The Canadian dollar has lost ground today off the back of oil prices taking a tumble. Oil is Canada’s largest export and there is a direct correlation between oil and the price of the Canadian dollar. However its not oil prices that I would be concerned about if needed to convert Canadian dollars into a […]

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 […]

Will the Pound continue to climb vs the Canadian Dollar, and what factors could impact it? (Joseph Wright)

The Pound has been climbing against all major currency pairs recently, after sentiment has improved surrounding the UK economy quite dramatically in recent weeks. It seemed to get a shot in arm a few weeks back when both Spain and the Netherlands announced that they want post-Brexit conditions to remain conducive to business continuing as […]

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 negotiations to take centre stage

On the 23rd January, the NAFTA negotiations will resume which could be problematic for Canada and consequently have a negative impact on Canadian dollar exchange rates. NAFTA, which is the North American Free Trade agreement, is an agreement between the US, Canada and Mexico and it allows all three countries to trade with one another for […]