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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 Eases as Brexit Uncertainties Increase

19 Aug 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Sinks as Boris Johnson Remains Confident on UK-EU Talk Breakthrough The Pound Canadian Dollar (GBP/CAD) exchange rate eased today, leaving the pairing fluctuating around CA£1.607 as no-deal Brexit fears continue to provide downward pressure on Sterling. Meanwhile, Prime Minister Boris Johnson has said that he is...

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GBP to CAD Exchange Rate Climbs on UK Inflation as US-China Reprieve Wears Off

14 Aug 2019 at 1 PM - Written by Toni Johnson

Despite no-deal Brexit fears still weighing heavily on the Pound outlook, the British Pound to Canadian Dollar (GBP/CAD) exchange rate is climbing again today. The Pound’s appeal has been bolstered by an unexpected rise in UK inflation and Bank of England speculation, making it easier for the British currency to gain against a trade-war...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises on Global Trade Turmoil and Lowering Oil Prices

6 Aug 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Edges Higher as Oil Fears Dampen Market Confidence in ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.4% today, leaving the pairing fluctuating around CA$1.613. The Canadian Dollar (CAD) fell against many of its competitors today as global trade tensions between the US and China have left...

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GBP to CAD Exchange Rate Remains Near Post-2017 Worst as Canadian Manufacturing Rises

1 Aug 2019 at 4 PM - Written by Tim Boyer

The Canadian Dollar’s strong streak may be set to continue, as this week’s Canadian data has shown modest resilience and has played a part in keeping the British Pound to Canadian Dollar (GBP/CAD) exchange rate near its worst levels in over a year. The primary cause of losses has been no-deal Brexit fears hitting the Pound...

CATEGORIES: Pound Canadian Dollar Forecasts

Canadian Earnings Jump to 15-Month High as Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Left Flat

25 Jul 2019 at 4 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted despite Canadian Earnings Rising at Fastest Rate in 15-Months The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained flat and the pairing is currently trading at an inter-bank rate of CA$1.6395. On Thursday afternoon data revealed that Canada’s average weekly earnings...

CATEGORIES: Pound Canadian Dollar Forecasts

US ‘Defensive Action’ in the Middle East Leaves Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat despite Rise in Oil Prices

19 Jul 2019 at 1 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted despite Rise in Oil Prices The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of CA$1.6355. On Friday oil prices rose as tensions in the Middle East increased as reports revealed that a US Navy vessel...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steadies as Canadian Inflation Falls below Forecasts

17 Jul 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Flat as BoC Inflation Data Fails to Impress The Pound Canadian Dollar (GBP/CAD) stabilised against today, leaving the pairing fluctuating around CA$1.623. The Canadian Dollar (CAD) steadied against the Pound (GBP) following the publication of the Bank of Canada’s year-on-year inflation data for June. These fell...

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Benefits ‘Loonie’

15 Jul 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Falls as Hopes Rise on Canadian Growth The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.3% today and is currently trading around CA$1.632. The Canadian Dollar (CAD) rose against the Pound (GBP) as oil prices rose due to supply disruptions and a weaker US Dollar following last week’s hints at a rate cut...

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US Dollar Canadian Dollar (USD/CAD) Exchange Rate Sinks as Dovish Fed Expectations Dampens US Market Sentiment

10 Jul 2019 at 3 PM - Written by John Cameron

USD/CAD Exchange Rate Falls as ‘Loonie’ Traders Optimism Rises ahead of BoC Statement The US Dollar Canadian Dollar (USD/CAD) exchange rate fell by 0.3% today, with the pairing fluctuating around CA$1.309. The Canadian Dollar (CAD) fell against the US Dollar (USD) with expectations rising that the Bank of Canada (BoC) could buck...

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Eases as Canadian Traders Optimistic Ahead of BoC Rate Decision

9 Jul 2019 at 11 AM - Written by John Cameron

GBP/CAD Exchange Rate Sinks as Canadian Dollar in ‘Resilient Pocket’ The Pound Canadian Dollar (GBP/CAD) exchange rate eased by 0.2% this morning, with the pairing fluctuating around CA$1.637. The Canadian Dollar (CAD) edged higher against the Pound (GBP) as economists are becoming optimistic that the Bank of Canada (BoC) may hold...

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