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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 – Tue Feb 21: CAD Up vs EUR & GBP and Down vs USD, MXN, INR & PHP.

The Canadian Dollar is today down -0.16% against the United States Dollar, up 0.62% against the Euro, down -0.59% against the Mexican Peso, down -0.11% against the Indian Rupee, even against the Australian Dollar, up 0.29% against the British Pound Sterling and down -0.31% against the Philippine Peso.
CAD Daily Rate Alerts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Pound Gains Against Most of the Majors as House of Lords Debates Brexit Bill

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) rose against the majority of its peers on Monday as the House of Lords began its debate on the government’s Brexit bill. Investors are optimistic that opposition peers will be able to attach a number of amendments to the bill as the Conservatives lack an outright majority in the upper house. Meanwhile, Sterling is likely to fluctuate later this morning following the release of the latest Public Sector Borrowing figures. View article >

Canadian Dollar – Mon Feb 20: CAD Up vs MXN & PHP and Down vs USD, EUR, INR, AUD & GBP.

The Canadian Dollar starts the week down -0.1% against the United States Dollar, down -0.11% against the Euro, up 0.3% against the Mexican Peso, down -0.26% against the Indian Rupee, down -0.17% against the Australian Dollar, down -0.57% against the British Pound Sterling and up 0.59% against the Philippine Peso.
CAD Daily Rate Alerts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Pound Weakened by Poor Retail Sales

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) plummeted against its peers at the end of last week’s session thanks to a disappointing Retail Sales report. Figures showed that sales plummeted from 4.7% to 2.6% in January, sliding further than the 0.8% drop that had been predicted and completing a third consecutive month of losses. Rising prices and low wage growth were seen as major reasons for the drop, with investors expecting that UK GDP will take a hit if the trend continues. View article >

Canadian Dollar – Fri Feb 17: CAD Up vs MXN & GBP and Down vs USD, EUR, INR & PHP.

The Canadian Dollar is today down -0.34% against the United States Dollar, down -0.36% against the Euro, up 0.4% against the Mexican Peso, down -0.19% against the Indian Rupee, even against the Australian Dollar, up 0.32% against the British Pound Sterling and down -0.12% against the Philippine Peso.
CAD Daily Rate Alerts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Retail Sales Contraction Dents Pound, Euro Struggles Under Greek Debt Worries

Pound Sterling

GBP/USD 1 Week Chart
January’s UK retail sales report proved unexpectedly disappointing, setting the Pound on a bearish trend. Sales were found to have contracted -0.3% on the month, adding to the significant weakening in spending seen over the Christmas period. This suggested that consumer confidence has already begun to deteriorate, which could see economic growth slow significantly in coming months. View article >

Euro Holds Gains Despite Dovish ECB, US Dollar Falls Back on Risk Appetite

Pound Sterling

GBP/USD 1 Week Chart
In the absence of any fresh domestic data the Pound has managed to recover some of its lost ground, although any positive momentum has been somewhat limited. Investors have been encouraged to buy back into Sterling thanks to a lack of fresh Brexit developments, pushing GBP exchange rates generally higher. However, the Pound could come under renewed pressure ahead of the weekend if January’s retail sales figures point towards a reduced level of consumer spending. View article >

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

The Canadian Dollar is today up 0.61% against the United States Dollar, down -0.33% against the Euro, up 0.61% against the Mexican Peso, up 0.71% against the Indian Rupee, down -0.24% against the Australian Dollar, down -0.21% against the British Pound Sterling and up 0.58% against the Philippine Peso.
CAD Daily Rate Alerts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Pound Slumps on Disappointing Wage Growth, Australian Dollar Remains on Strong Uptrend

Pound Sterling

GBP/USD 1 Week Chart
The appeal of the Pound was weakened further by the latest UK wage growth figures, which showed a more limited increase in average weekly earnings than forecast. Coupled with the sharp rise in inflationary pressure in January this suggested that consumer spending is likely to be increasingly squeezed in the coming months. As much of the recent strength of the domestic economy has been driven by consumers, this naturally prompted investors to sell out of the Pound, pushing it lower across the board. View article >

Canadian Dollar – Wed Feb 15: CAD Up vs EUR and Down vs USD, INR, AUD & PHP.

The Canadian Dollar is today down -0.33% against the United States Dollar, up 0.22% against the Euro, even against the Mexican Peso, down -0.17% against the Indian Rupee, down -0.15% against the Australian Dollar, even against the British Pound Sterling and down -0.29% against the Philippine Peso.
CAD Daily Rate Alerts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

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