Canadian Dollar forecast page 9 - cad canadian dollar cad dollar

GBP/CAD Exchange Rate Falls as Outlook for Canadian Economy Improves The Pound Canadian Dollar (GBP/CAD) exchange rate fell today following a surge in the latest Canadian Ivey PMI data for March, which beat forecasts and rose to 72.9. The pairing is currently fluctuating around CA$1.73. The Canadian Dollar (CAD) has benefited from the...

GBP/CAD Exchange Rate as UK allows Outdoor Group Socialising The Pound Canadian Dollar exchange rate rose by 0.4% today as the UK takes a big step in a cautious easing of lockdown restrictions. The pairing is currently fluctuating around CA$1.74. Outdoor group socialising is now legal in the UK, buoying UK market confidence as the nation...

Largely unsurprising UK retail sales results had little impact on the Pound today, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate is attempting to recover regardless. The Canadian Dollar’s movement has seen a sharp reversal in recent sessions as oil markets become more jittery and yield spreads concern markets. The...

Pound Canadian Dollar Falls as EU Threatens to Suspend Critical Vaccine Exports to UK The Pound Canadian Dollar (GBP/CAD) exchange rate fell today as tensions between the UK and the EU continue to escalate after the EU threatened to ban importing AstraZeneca Covid-19 vaccines to the UK. The pairing is currently trading around...

GBP/CAD Exchange Rate Dips Following BoC Rate Statement The Pound to Canadian Dollar (GBP/CAD) exchange rate fell by -0.2% following yesterday’s interest rate decision from the Bank of Canada (BoC) which saw rates left on hold. The pairing is currently fluctuating around CA$1.75. Now that the BoC is essentially playing a game of...

GBP/CAD Exchange Rate Steady as Canadian Economic Data Buoys Confidence in Economy The Pound to Canadian Dollar (GBP/CAD) exchange rate rose held steady today, with the pairing currently fluctuating around CA$1.76. The Canadian Dollar held steady against Sterling despite rising oil prices buoying confidence in Canada’s...

GBP/CAD Exchange Rate Rangebound as UK House Prices Rise in February The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today as the search for the UK’s missing Brazilian Covid-19 variant is narrowed down to the south-east. The pairing is currently fluctuating around CA$1.76. As a result, Sterling investors are remaining...

GBP/CAD Exchange Rate as UK Markets Become More Cautious The GBP/CAD exchange rate fell by -0.2% today, with the pairing currently fluctuating around CA$1.76. Sterling fell today as concerns for the UK economy have returned, despite Downing Street’s outline of its lockdown exit plan earlier this week. Today also saw reports that more...

Investors sold the British Pound to Canadian Dollar (GBP/CAD) exchange rate slightly from its best levels today. Markets digested some unexpected signs of weakness in Britain’s latest data, and the Canadian Dollar has been benefitting from weakness in rival currencies. Despite this though, expectations for Britain to begin looking to...

GBP/CAD Exchange Rate Heads Higher as UK Covid-19 Cases Continue to Fall The Pound to Canadian Dollar exchange rate rose by 0.4% today following news that Covid-19 infections in England had dropped by two-thirds in a month. The pairing is currently fluctuating around CA$1.76. This follows comments from Downing Street of a cautious but...