Tag Archives: gbp-cad

Canadian Exchange Rates ahead of Canadian Retail Sales

The Canadian dollar has come under considerable pressure of late which has presented those clients looking to buy Canadian dollars with some much better opportunities to purchase. Canadian dollar exchange rates have fallen largely as a result of the breakdown in the North American Free Trade Agreement (NAFTA) which is creating additional uncertainty for the […]

Why did the Canadian Dollar fall when interest rates were hiked? (Joseph Wright)

Yesterday the Bank of Canada chose to raise interest rates for the third time in the last year. The interest rate now sits at 1.25% and those that decide on making the decision to change interest rates have stated that this decision can be put down to increasing inflation levels, and an a strong Canadian […]

CAD Exchange Rates ahead of Bank of Canada Rate Decision

The Canadian dollar is likely to be in for a volatile week as the key interest rate decision from the Bank of Canada on Wednesday fast approaches. There is a good chance the central bank will look to raise interest rates by 0.5% to 1.25% which will make this the third interest rate hike since […]

GBP CAD Before EU Summit

The pound has gradually climbed higher against the Canadian dollar with rates close to the recent highs seen in November of this year. GBP CAD is having a better run after positive developments in the Brexit negotiations. GBP CAD is now trading at 1.7180 but is struggling to find the momentum for the next push […]

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 […]