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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 Subdued amid easing of UK Covid Measures & High Oil Prices

20 Jan 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Subdued amid easing of UK Covid Measures & High Oil Prices

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted as Both Currencies Rise The Pound Canadian Dollar (GBP/CAD) exchange rate dipped overnight but has remained range-bound today, as both currencies see some upward movement. The Pound (GBP) has seen a boost following the easing of the country’s Covid-19 restrictions, whilst the...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound amid Slowing UK Retail Sales

11 Jan 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound amid Slowing UK Retail Sales

GBP/CAD Directionless amid Slowdown in UK Retail Sales The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range at the beginning of today’s session in response to UK retail sales showing a slowdown in December. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.7198 with minimal...

CATEGORIES: Pound Canadian Dollar Forecasts

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

16 Dec 2021 at 10 AM - Written by John Cameron

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

GBP/CAD Trading in Narrow Range Ahead of BoE Announcement The Pound to Canadian Dollar (GBP/CAD) exchange rate is subdued this morning as investors wait for Bank of England’s (BoE) interest rate announcement at noon. At the time of writing, the GBP/CAD exchange rate is trading at approximately $1.7008 with minimal market movement....

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Drops as UK Omicron Cases Increase

8 Dec 2021 at 11 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Drops as UK Omicron Cases Increase

GBP/CAD Drops amid Rising Omicron Cases The Pound to Canadian Dollar (GBP/CAD) exchange rate has fallen marginally as the number of Omicron cases increase throughout the UK, whilst CAD rallies slightly as oil prices rose overnight. At the time of writing, the GBP/CAD exchange rate is trading at approximately €1.6742 with minimal...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Surges amid Oil Price Rout

30 Nov 2021 at 10 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Surges amid Oil Price Rout

Canadian Dollar (CAD) Tumbles as Oil Price Collapse The commodity-linked Canadian Dollar is stumbling against the Pound this morning as fears over the latest Coronavirus strain, Omicron, is causing oil prices to decline. On Friday, oil prices plummeted which later restabilised on Monday. Today, however, Brent Crude has lost almost 3%...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Mixed as Brexit Issues Resume

24 Nov 2021 at 2 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Mixed as Brexit Issues Resume

Pound (GBP) Faces Headwinds due to On-Going Northern Ireland Negotiations The Pound to Canadian Dollar (GBP/CAD) exchange rate is fluctuating today as GBP remains under pressure from the Northern Ireland negotiations. Anne-Marie Trevelyan, the international trade secretary, hinted that the UK Government is easing their approach...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Muted as UK Firms Hit by Soaring Costs

23 Nov 2021 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Muted as UK Firms Hit by Soaring Costs

Pound Canadian Dollar (GBP/CAD) Exchange Rate Lacks Direction on Mixed UK PMIs The Pound Canadian Dollar exchange rate is subdued so far this week as UK manufacturing and services PMIs bettered forecasts, but indicated record-high input costs, and oil prices soften again after a brief bounce yesterday. After edging higher yesterday...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Muted as Covid-19 Cases Rise, Retail Data Improves

19 Nov 2021 at 3 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Muted as Covid-19 Cases Rise, Retail Data Improves

GBP/CAD Lacks Direction as UK and Canadian Retail Sales Provide Optimism The Pound Canadian Dollar exchange rate is trading in a narrow range on Friday after making gains through the latter part of the week. Improved UK retail sales failed to bolster GB exchange rates, while Canadian retail figures supported the Canadian...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Rises as Oil Prices Fluctuates

11 Nov 2021 at 3 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Rises as Oil Prices Fluctuates

Pound Canadian Dollar Exchange Rate Boosted by Unstable Oil The Pound Canadian Dollar (GBP/CAD) exchange rate rose overnight as fluctuating oil prices caused weakness in the Canadian Dollar. The GBP/CAD exchange rate has continued to rise throughout the session and is currently at around $1.6863. Canadian Dollar (CAD) Stumbles amid...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Plummets; CAD Finds Support

10 Nov 2021 at 12 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Plummets; CAD Finds Support

GBP/CAD Exchange Rate Plunges on Sterling Weakness The Pound Canadian Dollar (GBP/CAD) exchange rate has fallen steeply today as a lack of data exposes the Pound (GBP) to headwinds and CAD benefits from oil prices and a hawkish signals from the Bank of Canada. At the time of writing, GBP/CAD is trading at C$1.6809, down 0.3% from...

CATEGORIES: Pound Canadian Dollar Forecasts

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