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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 – Mon Jan 16: CAD Up vs EUR, AUD, GBP & PHP and Down vs USD, MXN & INR.

The Canadian Dollar starts the week down -0.29% against the United States Dollar, up 0.15% against the Euro, down -1.68% against the Mexican Peso, down -0.37% against the Indian Rupee, up 0.13% against the Australian Dollar, up 0.68% against the British Pound Sterling and up 0.13% against the Philippine Peso.
CAD 1 Week Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Pound Plummets as Theresa May Prepares to Outline ‘Brexit’ Plans

Sterling

The Pound (GBP) tumbled below US$1.20 and also against the rest of the majors this morning as investors remained cautious ahead of Prime Minister Theresa May’s speech on Tuesday. Analysts expect May’s speech to indicate that the UK government will seek a ‘hard Brexit’, eschewing access to the single market in order to gain greater controls over EU immigration, a decision that traders believe will have a negative impact on the British economy. View article >

Canadian Dollar – Fri Jan 13: CAD Up vs GBP and Down vs USD, EUR, MXN, INR, AUD & PHP.

The Canadian Dollar is today down -0.35% against the United States Dollar, down -0.13% against the Euro, down -1.02% against the Mexican Peso, down -0.18% against the Indian Rupee, down -0.23% against the Australian Dollar, up 0.18% against the British Pound Sterling and down -0.15% against the Philippine Peso. The ‘Loonie strengthened yesterday by the continued uptick in oil prices as Saudi Arabia announced cuts of 10 million barrels a day. View article >

Theresa May Speech Set to Trigger Currency Volatility

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) plummeted against its peers yesterday afternoon, as it was announced that Prime Minister Theresa May would be giving a speech on her approach to ‘Brexit’ next week. Markets reacted poorly to the news as they expect her comments to focus more on her plans to control immigration, while staying intentionally vague on her plans for the single market. View article >

Canadian Dollar – Thu Jan 12: CAD Up vs USD, EUR, MXN, INR, GBP & PHP and Down vs AUD.

The Canadian Dollar is today up 1.54% against the United States Dollar, up 0.28% against the Euro, up 1.82% against the Mexican Peso, up 1.12% against the Indian Rupee, down -0.09% against the Australian Dollar, up 0.3% against the British Pound Sterling and up 1.13% against the Philippine Peso.
CAD 1 Week Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Pound’s Fortunes Mixed as ‘Brexit’ Uncertainty Persists

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) had a mixed day on Wednesday as persistent ‘Brexit’ concerns continued to drag on Sterling as the UK government allowed uncertainty to continue to fester due to its reluctance to publish its plans for leaving the EU. UK data releases were also a mixed bag as despite production significantly rising in the Manufacturing, Construction and Industrial sectors, a notable rise in Britain’s trade deficit from £1.55bn to £4.17bn prevented GBP from rallying. View article >

Canadian Dollar – Wed Jan 11: CAD Up vs EUR, MXN, INR, GBP & PHP and Down vs USD & AUD.

The Canadian Dollar is today down -0.08% against the United States Dollar, up 0.47% against the Euro, up 1.65% against the Mexican Peso, up 0.08% against the Indian Rupee, down -0.64% against the Australian Dollar, up 0.19% against the British Pound Sterling and up 0.12% against the Philippine Peso.
CAD 1 Week Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

‘Brexit’ Uncertainty Continues to Hamper Pound

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) continued struggling against it peers yesterday as Prime Minister Theresa May’s comments over the weekend and subsequent statement of ‘getting the best deal for the UK’ have done little to help clear up the government’s position on ‘Brexit’. Sterling did managed to recover against some of the majors yesterday afternoon however as Labour Leader Jeremy Corbyn outlined his party’s desires for ‘Brexit’, which included staying in the single market and accepting some freedom of movement. View article >

Canadian Dollar – Tue Jan 10: CAD Up vs MXN and Down vs USD, EUR, AUD, GBP & PHP.

The Canadian Dollar is today down -0.08% against the United States Dollar, down -0.36% against the Euro, up 0.6% against the Mexican Peso, even against the Indian Rupee, even against the Australian Dollar, down -0.08% against the British Pound Sterling and down -0.15% against the Philippine Peso. The ‘Loonie’s’ gains were spurned in the evening yesterday as oil prices plummeted following a rise in Iraqi crude exports, which pressured OPEC’s production cut agreement. View article >

Theresa May Comments Continue Driving Currency Market Movement

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) continued reeling from Theresa May’s comments over the weekend as they appeared to signal that Britain will be headed for a ‘hard Brexit’. The Prime Minister said she was not interested in keeping ‘bits of the European Union’, which traders interpreted as an intention to leave the single market. This led many investors to flee Sterling as they fear the impact that ‘Brexit’ will have on the UK economy. View article >
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