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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.

LIVE EXCHANGE RATE 05:04:06 Pound Canadian Dollar Rate »
GBP/CAD +0 Days Low Days High Last Daily
1.75572 +0.21% 1.75156 1.75581 1.75200

Record Low UK Deficit Triggers GBP CAD Advance

25 Apr 2017 at 10 AM - Written by Ben Hughes

Sterling’s rise against the Canadian Dollar today has partly come from UK borrowing data, which has shown the annual deficit fall to the lowest since the 2007-08 financial crisis. Monthly data has been less positive, with March’s deficit hitting -5.1bn instead of the forecast -3bn. Canadian economic anxiety has also aided the GBP...

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Weekly Currency Forecast: GBP CAD Rate in for Losses if UK Services PMI Slides

3 Apr 2017 at 4 PM - Written by James Fuller

The British Pound to Canadian Dollar exchange rate edged higher on Tuesday morning and neared its best weekly levels despite low demand for the Pound. While prices of oil, Canada’s most lucrative commodity, rose on Tuesday due to speculation of lightening US oil inventories, the Canadian Dollar failed to capitalise due to a risk-averse...

CATEGORIES: Daily Currency Updates Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Spikes as BoE’s Forbes Pushes for Rate Hike

16 Mar 2017 at 2 PM - Written by Frank Davies

The British Pound to Canadian Dollar exchange rate continued to trend near the week’s best levels on Friday afternoon and looked to end the week over half a cent above its opening levels. Oil prices have been in flux throughout the week, making it difficult for the Canadian Dollar to benefit. This week’s Bank of England (BoE) news has...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

House of Lords Set to Debate Brexit Bill, GBP CAD Exchange Rate Rallies

20 Feb 2017 at 2 PM - Written by Ben Hughes

The GBP CAD exchange rate has rallied by around a cent from its starting levels today as investors are optimistic about the possibility of the House of Lords making amendments to the government's Article 50 legislation. Pound Canadian Dollar (GBP CAD) Climbs as Peers Debate Brexit Bill The Pound Canadian Dollar (GBP CAD) exchange rate...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

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...

CATEGORIES: Currency Predictions Pound Canadian Dollar Forecasts

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...

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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...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts Pound Sterling Forecasts

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