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Canadian Dollar – Daily Market Updates keep our customers aware of the latest Canadian Dollar exchange rates, charts and rate changes in the major CAD cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.

Canadian Dollar – Wed Aug 16: CAD Up vs USD, EUR, MXN, INR, GBP & PHP and Down vs AUD.

Categories: CAD, Markets, New York Close
Canadian Dollar was up 1.07% against the United States Dollar, up 0.74% against the Euro, up 0.34% against the Mexican Peso, up 1.13% against the Indian Rupee, down -0.32% against the Australian Dollar, up 0.89% against the British Pound Sterling and up 1.04% against the Philippine Peso.
CAD 7 Day Cross-Rate Charts
CAD 7 Day Cross-Rate Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

EURUSD Boosted by GDP Data

Categories: AUD, CAD, CHF, EUR, GBP, Markets, News, USD
EURUSD traded sideways, but well-above yesterday’s in the 1.1735 area until the European session opened.  Seasonally-adjusted, Eurozone Q2 GDP posted a 2.2% gain, topping the 2.1% that was predicted.  Eurozone nations also recorded better than expected GDP data, suggesting that the recovery is improving and is broad based. EURUSD bounced between 1.1692 and 1.1757 on the news and is currently trading at 1.1708 in New York. View article >

Pound Subdued after Underwhelming Inflation Figures

Categories: AUD, CAD, EUR, GBP, Markets, News, NZD, USD

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) plummeted against the majority of its peers on Tuesday as the ONS reported that the UK’s inflation rate remained flat in July. Markets reacted poorly to the news as they believe the Bank of England (BoE) will see it as a signal to delay any plans for a rate hike in the near future. View article >

Canadian Dollar – Tue Aug 15: CAD Up vs EUR, AUD, GBP & PHP and Down vs USD & INR.

Categories: CAD, Markets, New York Close
Canadian Dollar was down -0.23% against the United States Dollar, up 0.1% against the Euro, even against the Mexican Peso, down -0.23% against the Indian Rupee, up 0.17% against the Australian Dollar, up 0.51% against the British Pound Sterling and up 0.12% against the Philippine Peso.
CAD 7 Day Cross-Rate Charts
CAD 7 Day Cross-Rate Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

US Dollar Extends Gains

Categories: AUD, CAD, CHF, EUR, GBP, Markets, News, USD
The US dollar opened in New York on a firm footing.  The greenback scratched out added gains against the majors, except for the Swiss franc. Sterling was lively albeit in thin markets due to a series of Assumption Day holidays throughout the Eurozone. GBPUSD traded with a negative bias in Asia and bias proved fortuitous during the European session.  New York traders were just settling in when the UK released Retail Sales, PPI and CPI. View article >

GBP USD at One-Month Low as North Korean Tensions Fade

Categories: AUD, CAD, EUR, GBP, Markets, News, NZD, USD

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) is trading robustly against the majority of its peers this morning as the UK government outlined its plans to seek an ‘ambitious new customs arrangement’ with the EU after Brexit. While it is unclear whether EU officials are likely to be accepting of such a deal, markets reacted positively on hopes that the government is prepared to soften its approach to Brexit. View article >

Canadian Dollar – Mon Aug 14: CAD Up vs AUD and Down vs USD, MXN & INR.

Categories: CAD, Markets, New York Close
Canadian Dollar starts the week down -0.41% against the United States Dollar, even against the Euro, down -0.66% against the Mexican Peso, down -0.43% against the Indian Rupee, up 0.15% against the Australian Dollar, even against the British Pound Sterling and even against the Philippine Peso.
CAD 7 Day Cross-Rate Charts
CAD 7 Day Cross-Rate Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Risk Aversion Recedes

Categories: AUD, CAD, EUR, GBP, Markets, News, USD
The US dollar opened with small gains across the board.  Tensions surrounding North Korea and the US have eased, somewhat, and risk aversion trades have been pared. Asia opened with news that Japan Q2 GDP data surpassed expectations, rising 1.0%, q/q vs. forecast for a 0.6% gain.  Donald Trump took a time out from chirping at North Korea.   That led to an unwind of risk aversion trades and USDJPY rallied from 108.95 to 109.79 by the New York open.  View article >

Pound Strengthens as Cabinet Dispels Rumours of Brexit Split

Categories: AUD, CAD, EUR, GBP, Markets, News, NZD, USD

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) began to trend higher at the start of this week’s session following a joint statement from Chancellor Philip Hammond and Trade Secretary Liam Fox in which they called for the UK to seek a transitional Brexit deal with the EU. This follows months of speculation about a possible fracture in Theresa May’s cabinet, with Hammond and Fox both favouring a different approach to leaving the EU. View article >

Canadian Dollar – Fri Aug 11: CAD Up vs USD, INR, AUD, GBP & PHP and Down vs MXN.

Categories: CAD, Markets, New York Close
Canadian Dollar was friday up 0.47% against the United States Dollar, even against the Euro, down -0.34% against the Mexican Peso, up 0.56% against the Indian Rupee, up 0.15% against the Australian Dollar, up 0.17% against the British Pound Sterling and up 0.93% against the Philippine Peso.
CAD 7 Day Cross-Rate Charts
CAD 7 Day Cross-Rate Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >
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