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A round up of the latest Canadian Dollar forecast news items from the Currency News desk.

Pound Canadian Dollar Exchange Rate News: GBP/CAD Wavered on Rocky UK Domestic Woes

18 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Wavered on Rocky UK Domestic Woes

Pound (GBP) Undermined by Growing Domestic Chaos The Pound (GBP) struggled for demand on Thursday as a myriad of headwinds kept Sterling under pressure. Despite interest rate hike bets bolstered by fresh 40-year high inflation, the cost-of-living crisis continues to dominate headlines amid fresh domestic woes. Expectations of energy...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Falls as Oil Prices Soar

29 Jul 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Falls as Oil Prices Soar

Pound Canadian Dollar (GBP/CAD) Exchange Rate Drops amid Oil Price Rally The Pound Canadian Dollar (GBP/CAD) exchange rate is slumping today in the face of strong gains for crude oil. The currency pair may also be seeing losses as the UK’s ‘summer of discontent’ sees more and more industrial action. On the other hand, hawkish...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Falls amid Global Recession Fears

15 Jul 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Falls amid Global Recession Fears

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides on Oil Recovery The Pound Canadian Dollar (GBP/CAD) exchange rate is slipping today. A risk-off market mood is weighing on the exchange rate today amid global recession fears. A lack of significant data for the Pound (GBP) could also be limiting any gains for the pair. Additionally,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Trends Sideways as BoC Set to Hike Rates

8 Jul 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Trends Sideways as BoC Set to Hike Rates

Pound Canadian Dollar (GBP/CAR) Exchange Rate Rangebound after Canadian Jobless Figures The Pound Canadian Dollar (GBP/CAD) exchange rate is trading within a narrow range today. A recovery to crude oil prices as well as evidence of a tight labour market in Canada may be capping gains for the currency pair. On the other hand, some...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Subdued as Recession Concerns Grow

21 Jun 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Subdued as Recession Concerns Grow

Pound (GBP) Trades Narrowly amid Recession Fears The Pound (GBP) is muted today as speeches from the Bank of England (BoE) failed to boost investor’s sprits ahead of a potential recession. BoE Chief Economist Huw Pill said today that the central bank will be ready to act if inflationary pressures continue to take its toll on the UK...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Gains as Oil Prices Slip on Supply Concerns

15 Jun 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Gains as Oil Prices Slip on Supply Concerns

Pound Canadian Dollar (GBP/CAD) Exchange Rate Climbs Despite BoE Rate Hike Concerns The Pound Canadian Dollar (GBP/CAD) exchange rate is seeing a boost today amid a fall to crude oil prices. Prices for the commodity are tumbling amid demand fears and potential supply shortages. Major gains for the currency pair could be limited however...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Oil Prices Slide

9 Jun 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Oil Prices Slide

GBP/CAD Muted as Shanghai Returns to Lockdown The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning amid the threat of fresh lockdowns in Shanghai, weighing on oil prices. Meanwhile, the Pound (GBP) is subdued amid UK political uncertainty. At the time of writing, the GBP/CAD exchange rate is...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Investors Await BoC Interest Rate Decision

1 Jun 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Investors Await BoC Interest Rate Decision

GBP/CAD Subdued Ahead of BoC Interest Rate Decision The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning as CAD investors await the Bank of Canada’s (BoC) interest rate decision. Meanwhile, the Pound (GBP) is pressured by concerns over the UK’s ongoing cost-of-living crisis. At the time of...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as UK GDP Slows

12 May 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as UK GDP Slows

GBP/CAD Subdued as UK GDP Growth Rate Slows The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning amid slower-than-expected UK GDP. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.5880, with minimal movement from today’s opening levels. Pound (GBP) Muted...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Rises amid Improved Risk Appetite

27 Apr 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Rises amid Improved Risk Appetite

GBP/CAD Climbs as Risk Appetite Returns The Pound Canadian Dollar (GBP/CAD) exchange rate is trading higher this morning amid an improvement in market risk appetite. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.6154, up roughly 0.3% from today’s opening levels. Pound (GBP) Bolstered on...

CATEGORIES: Pound Canadian Dollar Forecasts

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