December 13, 2018
Canadian money on a black background

Canadian Dollar Saved after Positive November Jobs Outlook

CAD surges after sound November labour market data. Despite healthy Jobs and unemployment, wages continue to disappoint. Bank of Canada outlook softened due to the positive data report A brief relief for CAD after a dark few months Friday was a happy day for the Canadian Dollar after it strengthened rapidly after November’s labour market […]
December 10, 2018
Canadian dollar (CAD) notes from 5 to 100

Need Canadian Dollars? Everything You Need to Know about What Will Affect the CAD Rate

7 currencies account for over 80% of the volume of the forex market, and the Canadian dollar (known as the “Loonie” because of the appearance of a loon on the back of the C$1 coin as slang) is one of these major currencies, and is the fifth-most held currency as a reserve. The Canadian dollar’s […]
September 25, 2018
Negotiation of Great Britain and European Union (Brexit). Statesman or politicians with clasped hands.

The Pound Collapses as UK Head for No-Deal Brexit

The Pound tanked late last week as Theresa May announced that despite the UK’s willingness to negotiate and make a deal with the EU, the Chequers plan was the only plan on the table. The admission threw doubt on a resolution between the UK and EU. Her speech followed a disastrous summit in Saltsburg whereby […]
September 4, 2018

No NAFTA Deal Agreed – USD/CAD Up Significantly

This week both the Europe and Northern America had been focusing on deals. Europe seeing possible developments with the deal between the UK and EU and Northern America reaching their deadline to finalise the new NAFTA agreement.  Whilst US officials plan to meet the Canadians next week to pursue the agreement, its understood that the […]
August 20, 2018

Inflation Figures Boost CAD – but Is Canada Being Eased out of NAFTA Talks?

This week’s Canadian Inflation Figures spurred the Canadian dollar this week with the Loonie enjoying gains against a multitude of currencies. The figure which smashed its target is now fuelling speculation that the Bank of Canada could raise interest rate again. The gains come despite speculation that the US and Mexico could be squeezing Canada […]