Canadian Dollar forecast page 6 - cad canadian dollar cad dollar

GBP/CAD Exchange Rate Climbs on Oil Price Downturn The Pound Canadian Dollar (GBP/CAD) exchange rate rose today as the Canadian Dollar (CAD) fell on depreciating oil prices. Conversely, the Pound (GBP) found support on Bank of England (BoE) rate hike expectations alongside an expectation of foreign investment. At the time of...

GBP/CAD Steady on UK GDP Increase The Pound Canadian Dollar exchange rate is edging slightly higher today, recovering some of yesterday’s losses overnight. Sterling is making gains on UK GDP and industrial production data, with GBP/CAD trading at 1.6956 at the time of writing. Pound (GBP) Firms on UK Data UK GDP growth and...

GBP/CAD Exchange Rate Limited amid Energy Concerns The Pound Canadian Dollar (GBP/CAD) exchange rate is struggling to break higher today amid concerns over the threat of an energy crisis in the UK and CAD receiving support due to a more upbeat market mood. Despite crude prices slipping, the Canadian Dollar is managing to hold this...

GBP/CAD Edges Higher as Rising Oil Price Boost Canadian Dollar The Pound Canadian Dollar exchange rate edged slightly lower today, bucking the trend of GBP exchange rate gains against other currencies due to CAD strength underpinned by rising crude oil prices. GBP/CAD had made gains earlier during the European session before...

Pound (GBP) Slumps amidst UK Fuel Concerns The Pound (GBP) remains on the back foot against the Canadian Dollar (CAD) and the majority of its other peers today, amidst ongoing concerns over the UK’s fuel shortage. Up to 90% of petrol stations in the UK reported shortages earlier this week after a weekend of panic buying lead to...

Pound Canadian Dollar Exchange Rate Edges Down on CAD Upside The Pound (GBP) ticked down against the Canadian Dollar (CAD) this afternoon, following a morning of relatively level trading. Initially, upside in the Pound over record-high inflation data matched Canadian Dollar gains on rising oil prices. The ‘Loonie’ then found...

The Pound to Canadian Dollar exchange rate (GBP/CAD) is struggling for direction this morning despite a better-than-expected manufacturing PMI reading from the UK. The GBP/CAD pairing are currently trending at around CA$1.7322 as Canadian Dollar investors remain upbeat about Canada’s economic growth and recovery. Pound Sterling...

GBP/CAD Exchange Rate Steady as UK Borrowing Falls in July The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today as UK consumers held back on borrowing as the nation’s economic recovery stumbled in July. The pairing is currently fluctuating around CA$1.73. The Bank of England (BoE) reported that households failed to rack...

GBP/CAD Exchange Rate Falls, UK Car Manufacturing Falls to a 65-Year Low The Pound Canadian Dollar (GBP/CAD) exchange rate dipped today as fears over a UK labour shortage for consumer-facing firms has dented confidence in the nation’s economic recovery. The pairing is currently trading around CA$1.73. Charlotte Dendy, CBI Principal...

The Pound to Canadian Dollar exchange rate (GBP/CAD) has been mixed for much of the day as the Canadian Dollar finds fresh impetus to head higher on the back of rising oil prices. The GBP/CAD pairing are currently trending at around CA$1.7332 as the Pound struggles to hold onto any meaningful gains. Pound Sterling (GBP) Exchange Rate...