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

GBP CAD Exchange Rate Slides as Consumer Credit Set to Tighten

12 Oct 2017 at 3 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Slides as Consumer Credit Set to Tighten

12/10/17 PM Update- The Pound nosedived against the Canadian Dollar in afternoon trade today as the fifth round of Brexit talks close with the EU's chief negotiator Michel Barnier claiming that the two sides were in deadlock over the UK’s divorce bill. While suggesting that there was ‘new momentum’ and progress being made in other...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

10 Oct 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

Signs that the oil market may finally be rebalancing have not caused a notable shift in Canadian Dollar movement, as the British Pound to Canadian Dollar exchange rate has held most of yesterday’s gains due to rising hopes for tighter Bank of England (BoE) policy. Due to BoE hopes and cooling political jitters, the GBP/CAD exchange rate...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Slides as Construction in the UK Contracts

3 Oct 2017 at 3 PM - Written by John Cameron

STORY LINK GBP CAD Slides as Construction in the UK Contracts

The Pound Canadian Dollar exchange rate stumbled today as markets reacted to a disappointing UK Markit construction PMI and revelations from the current Conservative Party Conference in Manchester. UK Construction Contracts for the First Time in Over a Year – GBP Devalued Britain’s construction sector contracted for the first time...

CATEGORIES: Currency Predictions Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Slumps over Concerns for UK Manufacturing Sector

2 Oct 2017 at 2 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Slumps over Concerns for UK Manufacturing Sector

The Pound Canadian Dollar (GBP CAD) exchange rate slipped at the start of this week’s session as markets grew increasingly concerned over the state of the UK’s manufacturing sector. Pound (GBP) Tumbles as Manufacturing PMI Misses Sterling sentiment took a hit this morning as a disappointing Manufacturing PMI and bleak report about...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Flat as Traders Examine UK’s Economic Future

28 Sep 2017 at 2 PM - Written by Ben Hughes

STORY LINK GBP CAD Exchange Rate Flat as Traders Examine UK’s Economic Future

On Wednesday’s trading session, the Pound rose against the Canadian Dollar from an opening rate of 1.6622 to close at 1.6730. Pound Trades Tightly after BoE Governor Warns of Limited Powers The Pound has failed to really pick up against the Canadian Dollar today, owing to continuing concerns about Bank of England (BoE) policy and the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Climbs Following Poor Canadian Inflation Print

25 Sep 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP CAD Climbs Following Poor Canadian Inflation Print

The Pound to Canadian Dollar exchange rate soared on Monday as markets continued to digest last week’s disappointing Canadian inflation figures and this week’s tenuous win for Angela Merkel. Canadian Data Disappoints, GBP CAD Capitalises Last week’s Canadian data prints proved somewhat disappointing for investors as the core...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Stable in Wake of Fed Policy Meeting

21 Sep 2017 at 1 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Stable in Wake of Fed Policy Meeting

The Pound Canadian Dollar (GBP CAD) exchange rate is trading in a narrow range this morning in the wake of a key monetary policy decision by the Federal Reserve. Canadian Dollar (CAD) Struggles to Advance following Fed Announcement The Canadian Dollar is struggling to advance in today’s session largely due to the strength of the US...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Fluctuates as Oil Prices Surge

20 Sep 2017 at 4 PM - Written by Minesh Chaudhari

STORY LINK GBP CAD Fluctuates as Oil Prices Surge

The Pound Canadian Dollar exchange rate fluctuated today with the Pound bolstered by positive UK retail sales figures and the Canadian Dollar boosted by a surge in oil prices. UK Retail Sales Smash Expectations, Pound Gains The Office for National Statistics (ONS) revealed today that retail sales in the UK grew by 1% month-on-month in...

CATEGORIES: Pound Canadian Dollar Forecasts

5-Day Pound to Canadian Dollar Rate Outlook - Deputy Gov Tim Lane Speech and Canadian Inflation Report Ahead

16 Sep 2017 at 4 PM - Written by John Cameron

STORY LINK 5-Day Pound to Canadian Dollar Rate Outlook - Deputy Gov Tim Lane Speech and Canadian Inflation Report Ahead

The pound to Canadian dollar exchange rate rallied to within touching distance of a one-month-high last week after the BofE caused a surge in sterling crosses. Over the last seven days, GBP/CAD advanced from around 1.6041 to near 1.65. On Friday, GBP/CAD briefly hit a one-month-high of 1.6563. Valentin Marinov, Head of G10 FX Strategy...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Pound Canad Forecasts

The Canadian Dollar Mounts Overnight Recovery vs USD as Oil Ticks Higher

14 Sep 2017 at 11 AM - Written by John Cameron

STORY LINK The Canadian Dollar Mounts Overnight Recovery vs USD as Oil Ticks Higher

The Canadian to US Dollar exchange rate picked itself up from a weekly low overnight on Wednesday as the pairing was bolstered by an uptick in oil prices. At the time of writing the CAD/USD is -0.32 per cent lower at 0.81916 (14-09-2017). Canadian Dollar (CAD) Climbs as Oil Strengthened by IEA Report The Canadian Dollar mounted a...

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