Currency News

Daily Exchange Rate Forecasts & Currency News

Canadian Dollar forecast - cad canadian dollar cad dollar

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

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Steady as Canadian Markets Brace for Trump-Biden Presidential Debate

29 Sep 2020 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound Canadian Covid-19 Cases Rise The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.722. The Canadian Dollar (CAD) has suffered today ahead of the US presidential debate between Donald Trump and Joe Biden. As a result, the risk-averse...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Rises as UK Chancellor Announces Support for Businesses

24 Sep 2020 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Edges Higher as UK Government Promises to Cover 22% of Worker Pay for Six Months The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.5% today, with the pairing currently trading around CA$1.711. Sterling rose today after British Chancellor Rishi Sunak revealed that the Government would support wages and...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Dips as Canadian Markets Brace for BoC Rate Statement

9 Sep 2020 at 2 PM - Written by John Cameron

GBP/CAD Exchange Rate Falls as Bank of Canada is Forecast to Hold Interest Rates The Pound to Canadian Dollar (GBP/CAD) exchange rate fell by -0.2% today, with the pairing currently fluctuating around CA$1.711. The Canadian Dollar (CAD) edged higher as the Bank of Canada (BoC) is expected to reassure markets on its interest rate decision...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound to Canadian Dollar Exchange Rate Under Pressure as Canadian Exports Beat Forecasts

3 Sep 2020 at 7 PM - Written by Frank Davies

Strong Canadian Export Growth Drags on Pound Canadian Dollar Exchange Rate A better-than-expected month of exports for the Canadian economy helped to keep the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate under pressure. While forecasts had pointed towards an improvement in trade conditions the trade deficit narrowed further...

CATEGORIES: Pound Canadian Dollar Forecasts

Mixed Oil Prices as Storms Hit Production Sends the Pound Canadian Dollar (GBP/CAD) Exchange Rate Higher

25 Aug 2020 at 12 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as Tropical Storms Hit Oil Production The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate edged 0.3% higher, leaving the pairing trading at around C$1.7342. The Canadian Dollar slipped as crude oil prices were left mixed after traders weighed up rising...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls Ahead of OPEC+ Meeting

17 Aug 2020 at 1 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slumps as Oil Prices Steady The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate edged -0.3% lower on Monday. This left the pairing trading at around CA$1.7317. The oil-sensitive ‘Loonie’ was able to edge higher today as oil prices were steady, although remained flat...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Rises as Post-Brexit Trade Deal Hopes Return

14 Aug 2020 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Edges Higher as Hopes for a September Post-Brexit Deal Grow The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.5% today, with the pairing currently trading around CA$1.73. Sterling edged higher today on hopes that the UK could secure a post-Brexit trade deal with the European Union. This follows comments...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as US-China Trade Tensions Weigh on ‘Loonie’

24 Jul 2020 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as Dampened Risk Sentiment Drags Down Canadian Dollar The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.4% today, with the pairing currently trading around CA$1.71. The Canadian Dollar (CAD) suffered today as US-China trade tensions are weighing on risk-sentiment and limiting the appeal of the...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Steady as BoE Sees UK Economy on Road to Recovery

17 Jul 2020 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound as Boris Johnson Expects to See Normality Return by Christmas The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently fluctuating around CA$1.70. Sterling steadied against the ‘Loonie’ today after the Bank of England’s (BoE) Governor, Andrew Bailey, said...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Up as Sterling Rebound Benefits from Weak Oil

2 Jul 2020 at 4 PM - Written by Tim Boyer

Despite a lack of solid support for the Pound, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has been recovering since yesterday. Sterling has been more easily able to advance against a weakening Canadian Dollar, as concerns persist over Canada’s coronavirus outlook and the currency is hit by weakness in prices of oil,...

CATEGORIES: Pound Canadian Dollar Forecasts