Tag Archives: CAD

Will the Canadain dollar continue to fall?

In recent months the Candadian dollar has been under severe pressure due to the ongoing NAFTA negotiations and in recent weeks the fall in global stock markets. A fall in global stock markets has meant that the price of oil has also fallen which has put pressure on the Canadian dollar as oil is Canada’s […]

GBPCAD close to reaching 12 month high!

In recent weeks the GBPCAD exchange rates have continued to climb proving opportunity for Canadian dollar buyers, however I expect exchange rates could get better in the weeks to come. NAFTA negotiations began on Tuesday in Montreal and the initial reaction is that the negotiations have actually started well which is a surprise. However the […]

NAFTA Breakdown threatens the Canadian Dollar? (Daniel Johnson)

NAFTA Negotiations are set to be problematic. The North American Free Trade agreement is key to the health of the Canadian economy. The agreement between the US, Canada and Mexico is under threat as US President , Donald Trump feels the deal is nowhere near as beneficial as it should be to the US. Canada […]

Will GBPCAD continue to rise?

Fresh concerns over the price of Oil following the latest OPEC (Organisation Petroleum Exporting Countries) concerns. Essentially calls to limit global production to help the price of oil rise have hit stumbling blocks, there is an expectation production caps in place will be extended further into 2018. Expectations are that such developments may ultimately prove […]

CAD rallies against the US dollar

Over the last 48 hours the Canadian dollar has been performing well against the US dollar as oil prices have rallied. Oil is Canada’s largest export and the trend is for the Canadian dollar to perform well when oil prices are on the way up. The price of US crude oil has reached $58 a […]

Could the Pound make further gains vs the Canadian Dollar? (Tom Holian)

Sterling vs the Canadian Dollar has had a strong period towards the end of the week with UK economic data all coming out a lot better than expected which has helped to see the Pound make gains vs the Canadian Dollar. We began Friday morning with stronger than expected UK Industrial & Manufacturing data which […]

When to buy Canadian dollars?

Since the second rate hike of the year by the Bank of Canada in September, the central bank have been given a cautious tone. However in recent weeks employment numbers have continued to climb which is helping the outlook for the next 12 months. J.P Morgan this week have urged there clients to buy Canadian […]

How will GBPCAD perform for the rest of the month?

The pound to Canadian dollar has been slipping from the highs of almost 1.68 to more comfortable levels in the 1.64-1.65 range. Most clients looking to buy Canadian dollars are now faced with two key events to try and determine the future direction on the pairing, namely the likelihood of an interest rate hike by […]

No further hikes for the Bank of Canada

This week Governor of the Bank of Canada Stephen Poloz surprisingly announced that interest rates wouldn’t raised again anytime soon and in fact interest rates could go either way due to fears that household debt is rising to fast. Within the same speech the governor outlined certain factors that are likely to influence interest rate […]

Canadian Dollar continue to rise with increased business confidence (Joshua Privett)

The Canadian Dollar has strengthened heavily recently, reach 1 year highs against a floundering US Dollar and over a 4 month high against the Pound. The trend also seems set to continue, so Canadian Dollar buyers may be wise to look at getting their skates on. The view is that the Canadian economy is gathering […]