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Pound Canadian Dollar forecast - GBP CAD

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

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Pound Canadian Dollar Exchange Rate Advances on Risk-Off Trading

13 Jan 2017 at 11 AM - Written by Ben Hughes

Risk appetite generally declined ahead of the weekend thanks to an unexpectedly sharp contraction in Chinese exports, which prompted the Pound Canadian Dollar (GBP CAD) exchange rate to trend higher. Less Dovish BoE Comments Boosted Pound Sterling Confidence in the Pound (GBP) picked up in the wake of comments from Bank of England...

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook

4 Jan 2017 at 4 PM - Written by Toni Johnson

The Pound to Canadian Dollar exchange rate failed to recover from its worst levels since October 2016 on Thursday afternoon, as the ‘Loonie’ continued to be boosted by the latest oil news. Prices of brent crude oil gained almost 1% throughout the day to reach US$56.95 per barrel, and with OPEC’s oil output cap plans taking effect...

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GBP/CAD Slides after Disappointing UK Labour Data

14 Dec 2016 at 1 PM - Written by Ben Hughes

The Pound to Canadian Dollar exchange rate fluctuated in a wider region on Thursday afternoon, as the day’s Bank of England (BoE) meeting disappointed investors and left the Pound increasingly volatile. The bank’s policymakers indicated that higher inflation in 2017 would not be enough to pressure the bank into tightening monetary...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

Pound Sterling Canadian Dollar Exchange Rate Trends Tightly after BoE’s Forbes sees No Cause for More Rate Cuts

22 Sep 2016 at 4 PM - Written by James Fuller

Pound Sterling Daily Update: GBP Unsettled after Conflicting BoE Announcements The Pound (GBP) has been an unpredictable option for investment today, having fluctuated considerably against the Canadian Dollar and most of its other regular peers. This notable volatility has mainly been caused by the Bank of England (BoE), where last...

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GBP CAD and GBP NOK Exchange Rate Forecasts Improve on Oil Inventory Data

15 Sep 2016 at 8 AM - Written by Ben Hughes

Further Gains for Pound Sterling to Canadian Dollar, Norwegian Krone Exchange Rates Today The Pound to Canadian Dollar (GBP CAD) and Pound to Norwegian Krone (GBP NOK) exchange rates gained on Wednesday as oil prices came under further pressure. Global oil prices took a hit during yesterday’s afternoon session following the...

CATEGORIES: Currency Predictions Norwegian Krone Forecasts Pound Canadian Dollar Forecasts

Pound Sterling Canadian Dollar Exchange Rate Rallies after Commodity Prices Disappoint ‘Loonie’ Investors

12 Sep 2016 at 12 PM - Written by David Woodsmith

Pound Sterling Update: GBP Still in Demand against BCC’s Forecast of Sliding UK Future Growth The latest UK domestic data should have made investors pause for thought, although on the face of it, Pound (GBP) exchange rates have largely risen despite the apparent negativity. The data in question came from the British Chambers of...

CATEGORIES: Currency Predictions Pound Canadian Dollar Forecasts Pound Sterling Forecasts

UK Construction PMI Fails to Accelerate GBP/CAD Exchange Rate Gains

2 Sep 2016 at 10 AM - Written by Ben Hughes

Construction PMI Helps Boost Outlook on UK Post-Brexit Economy, Pound Sterling (GBP) Exchange Rates Static A recent UK manufacturing PMI shocked markets after showing a bullish leap back into growth territory, although Pound Sterling exchange rates remained unaffected, with GBP/CAD little changed. The industry was expected to continue...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

Currency News FX Outlook for GBP CAD NOK CHF JPY USD

11 Aug 2016 at 8 AM - Written by Ben Hughes

Oil Price Drop Sends Canadian Dollar (CAD), Norwegian Krone (NOK) Exchange Rates Lower Not for the first time in recent months, yesterday afternoon’s weekly US Oil Inventory data sent the price of a barrel of ‘Black Gold’ significantly lower; analysts had been pricing-in a smaller increase than the 2.5 m jump in American oil stocks...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts Pound Norwegian Krone Forecasts

GfK Consumer Confidence Survey Fails to Dent Pound's (GBP) Appeal

8 Jul 2016 at 12 PM - Written by James Fuller

Sterling has remained a safe option lately, due to an unusual relief rally being effectively sustained over the course of the day. UK Consumer Confidence saw Sharpest Drop in 21 Years The latest UK Consumer Confidence survey from leading market research firm GfK, published earlier today, suggests that UK economic participants have...

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GBP CAD Exchange Rate Forecast Lower on Schauble Warning

9 Jun 2016 at 8 AM - Written by Frank Davies

The Pound has dropped heavily against the 'Loonie' today, due in part to comments from German Finance Minister Wolfgang Schauble that the UK would not be able to access the single market if it left the EU. 'Brexit' Developments Continue to Drive Pound Sterling (GBP) Exchange Rate Volatility Yesterday’s session in the global currency...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts