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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.

Pound Stumbles on Gloomy Growth Forecast

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

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) slipped against most of its peers on Thursday as NIESR’s forecast that the UK economy only grew 0.2% in the three months to July. This was down from a previous figure of 0.3%, with the fall being attributed to growing pressure on the UK’s service sector thanks to a decline in consumer spending. View article >

Canadian Dollar – Thu Aug 10: CAD Down vs USD, EUR, MXN, AUD, GBP & PHP.

Categories: CAD, Markets, New York Close
Canadian Dollar was down -0.36% against the United States Dollar, down -0.48% against the Euro, down -0.33% against the Mexican Peso, even against the Indian Rupee, down -0.21% against the Australian Dollar, down -0.1% against the British Pound Sterling and down -0.11% 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 >

Dollar Firms and Risk Aversion Fades

Categories: AUD, CAD, CHF, EUR, GBP, Markets, News, USD
The US traded higher overnight and opened in New York with gains against all the majors except for the Japanese yen.  US Secretary of State Rex Tillerson managed to calm a hysterical anti-Trump media warning of nuclear war. The Reserve Bank of New Zealand (RBNZ) got things going at the Asia open.  They left their policy rate unchanged at 1.75%, as expected.  View article >

New Zealand Dollar Plummets as RBNZ Leaves Rates on Hold

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

Sterling

GBP/USD 1 Week Chart
After strengthening on Wednesday falling a sharp rise in geopolitical tensions, the Pound (GBP) slipped again this morning ahead of a slew of UK data.   While domestic industrial production figures impressed, the nation’s trade deficit widened, inspiring GBP fluctuations.

Euro

The Pound Euro (GBP EUR) exchange rate is currently trading close to yesterday’s closing levels as markets await today’s UK data. View article >

Canadian Dollar – Wed Aug 9: CAD Up vs MXN, INR & AUD and Down vs USD, EUR & GBP.

Categories: CAD, Markets, New York Close
Canadian Dollar was down -0.27% against the United States Dollar, down -0.36% against the Euro, up 0.34% against the Mexican Peso, even against the Indian Rupee, even against the Australian Dollar, down -0.4% 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 >

“FIRE and Fury”

Categories: AUD, CAD, CHF, EUR, GBP, JPY, Markets, News, NZD, USD
A petulant President in the White House.  A psychotic Supreme Leader in North Korea.  What could go wrong? In a war of words to rival any day-care drama, Trump got his yellow-dyed hackles up after endless rants by the NK nutbar. The US President, displaying all the tact and diplomacy of a spoiled two-year old, threatened North Korean with “fire and fury.” North Korea responded by threatening to launch missiles at the US Pacific Territory of Guam. View article >

Currency Markets Spooked by US-North Korean Tensions

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

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) rallied against the majority of its peers this morning as currency markets sought the relative safety of Sterling amid rising tensions between the US and North Korea. The Pound’s quiet week has made it increasingly appealing to investors who seek shelter amid the surge in geopolitical tensions as Washington and Pyongyang spit out increasingly aggressive rhetoric. View article >

Canadian Dollar – Tue Aug 8: CAD Up vs USD, EUR, AUD, GBP & PHP and Down vs MXN & INR.

Categories: CAD, Markets, New York Close
Canadian Dollar was up 0.1% against the United States Dollar, up 0.49% against the Euro, down -0.27% against the Mexican Peso, down -0.18% against the Indian Rupee, up 0.08% against the Australian Dollar, up 0.41% against the British Pound Sterling and up 0.25% 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 >

Dog Days of Summer Baying at the Moon

Categories: AUD, CAD, CHF, EUR, GBP, JPY, Markets, News, NZD, USD
It’s not the hounds of Bakersfield you hear, it is FX traders howling at the static prices on their screens. If Monday’s trading action was in slow-motion, Tuesday’s was stop-motion. In Asia on Monday, NZDUSD was under pressure after Q3 inflation expectations fell and it remained soft today.  The RBNZ policy meeting is Thursday. AUDUSD rallied on Monday in Asia but dropped in the European and New York sessions.  View article >

US Dollar Slides on Suggestion that Fed Doesn’t Need to Hike Rates in Near-Term

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

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) was able to make some gains on Monday as Halifax reported a slight rebound in its house price index. However Sterling’s advance was hindered somewhat as investors raised concerns about the pace of price growth, which remains well below the highs seen at the start of last year, with analysts suggesting that only the lack of inventory was helping to keep prices afloat. View article >
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