Tag Archives: gbp-cad

Canadian Dollar Future Still Uncertain over NAFTA

The Canadian dollar remains under pressure following a rocky ride talks in the NAFTA talks. The Canadian dollar has a lot to lose if talks break down and the agreement comes to an end. There have been a number of contentious issues not least the sunset clause which has been called for by the US […]

GBP CAD Breaks Over 1.69 over NAFTA Uncertainty

The Canadian dollar has weakened this week with levels for GBP CAD breaking back over 1.69 for this pair. There is currently a good opportunity to buy Canadian dollars with pounds which may not be around for too much longer. The spike has come about after concerns over the renegotiation of the North Atlantic Free […]

Canadian Exchange Rates Ahead of Bank of Canada Statement

GBP CAD exchange rates have fallen dramatically following the Bank of England interest rate decision to raise interest rates yesterday and have failed to bounce back today. Anyone looking to sell Canadian dollars for pounds have been presented with an excellent opportunity which came as a surprise to the markets. The fact that interest rates […]

GBP CAD Rallies on Positive Brexit Noises from EU

GBP CAD exchange rates have risen today despite a poorer weak for UK economic data which had resulted in a slide for sterling across all of the major currencies. The pound has rallied today on the back of some better news coming from the EU with regards Brexit. The pound has been weaker as result […]

GBP CAD Rallies – Theresa May In Brussels Tonight

GBP CAD exchange rates have seen an excellent day with gains of around 1% for this pair with levels hitting a high today of 1.6686 creating some better opportunites for those clients looking ot buy Canadian dollars. British politics continue to be the main driver for GBP CAD and the planned dinner this evening between […]

GBP CAD Rallies on EU Discussion on Future Trade

GBP CAD exchange rates have seen a volatile week largely as a result of the ongoing Brexit developments which have had a direct and substantial impact on the price of sterling. The pound has made gains against the Canadian dollar after it was reported late yesterday that the European Union would now start discussions about […]

GBPCAD continues to slide!

GBPCAD rates have continues to slip from the very recent highs which saw the levels rise to near 1.70. Having spent much of the last few weeks in the lower 1.60’s and even less than 1.60, the recent spike presented a much improved fresh opportunity for clients looking to buy Canadian dollars with pounds. Overall […]

GBP CAD Rallies on Theresa May Speech in House of Commons

GBP CAD has seen a good boost to start the week with gains of almost 1% for the pound against the Canadian dollar. Last week was on the whole negative for sterling exchange rates as the uncertainty over Brexit continues to be the single biggest driver for the UK and hence the pound. Today’s rally […]

Canadian Dollar Ahead of Bank of Stephen Poloz Speech

The Canadian dollar should be in for an interesting week ahead of a major speech from the Bank of Canada. Bank of Canada Stephen Poloz will be speaking on Wednesday and will be eagerly anticipated considering the recent actions from the central bank. The Bank of Canada has raised interest rates twice this year in […]

GBP CAD Rate Continue to Recover on Stronger Pound

The pound has made a good recovery against the buoyant Canadian dollar in the last week. GBP CAD exchange rates are now over 1.66 which is almost 8 cents higher than two weeks ago. Clients looking to buy Canadian dollars are currently seeing a good buy opportunity which would be worth considering before tomorrow’s key […]