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

Pound Canadian Dollar (GBP/CAD) Exchange Rate Trends Down Slightly on CAD Upside

15 Sep 2021 at 5 PM - Written by John Cameron

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...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Forecast: Pound to Canadian Dollar Exchange Rate Struggling for Direction

1 Sep 2021 at 10 AM - Written by John Cameron

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...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rangebound as UK Consumers Hold Back on Borrowing

31 Aug 2021 at 3 PM - Written by John Cameron

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...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips as UK Labour Shortage Weakens Sterling

26 Aug 2021 at 3 PM - Written by John Cameron

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...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP/CAD Forecast: Pound to Canadian Dollar Exchange Rate Mixed as Oil Prices Rise

27 Jul 2021 at 11 AM - Written by John Cameron

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...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Forecast: Pound Canadian Dollar Continues to Weaken

21 Jul 2021 at 10 AM - Written by John Cameron

The Pound Canadian Dollar (GBP/CAD) exchange rate continues to fall during this morning’s session as coronavirus worries continue to keep Sterling investors concerned and a hoped rebound in oil prices drives movement in the Canadian Dollar. At the time of writing the GBP/CAD pairing are trending around the CA$1.7271 level as the...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls as Oil Prices are Forecast to Improve

20 Jul 2021 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Sinks as Hopes of Rising Oil Prices Boost ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.5% today following an upbeat forecast for oil prices from Goldman Sachs analysts, who said they see an ‘upside’ to prices following the OPEC+ supply deal. The pairing is currently fluctuating around...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as UK Economy Bounces Back

15 Jul 2021 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as UK Chancellor Says Economy is ‘Bouncing Back’ The Pound to Canadian Dollar exchange rate rose by 0.2% following a bullish statement by UK Chancellor Rishi Sunak, who said that the UK economy appears to be ‘bouncing back’. The pairing is fluctuating around CA$1.73 at the time of writing. GBP...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Steady as Doctors Warn of ‘Devastating Consequences’ as UK is Set to Ease Lockdown Measures

13 Jul 2021 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound as UK Faces Division Over Easing of Lockdown Restrictions The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today after several senior doctors warning Prime Minister Boris Johnson of ‘potentially devastating consequences’ from the lifting of lockdown restrictions in England on July 19. The...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Steady Ahead of Downing Street’s Update on Lifting Lockdown Measures

5 Jul 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound, UK PM is Expected to Affirm Easing of Lockdown Restrictions This Month The Pound Canadian Dollar (GBP/CAD) exchange rate held steady ahead of Prime Minister Boris Johnson’s announcement later today. But could the PM’s conformation of lifting lockdown restrictions on July 19 boost Sterling? The pairing is...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts