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

Pound to Canadian Dollar Exchange Rate News: GBP/CAD Rises as Chinese Economic Data Worries Persist

17 Dec 2018 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as CAD Investors Worry over Slowing Global Economy The Pound Canadian Dollar (GBP/CAD) exchange rate is up today, and is currently trading at CAD$1.6899 as ‘Loonie’ investors remain cautious over geopolitical tensions and signs of a slowing global economy. The UK, meanwhile, has been stuck in political...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Strengthens After Conservative MPs Fail to Oust Theresa May

13 Dec 2018 at 12 PM - Written by Frank Davies

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Benefits as May Sees Off Coup After Theresa May saw off a vote of no confidence the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate was encouraged to extend its recovery. As Conservative MPs are now unable to challenge May’s leadership again for another twelve months...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar Exchange Rate Today: GBP/CAD Slumps as Brexit Uncertainty Overwhelms Sterling

3 Dec 2018 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Slumps as Brexit Fears Dominate The temporary trade truce between the US and China that occurred over the weekend at the G20 Summit caused risk-correlated currencies rise, although this did little for GBP as Brexit fears took over. The Canadian Dollar has been able to push back against Sterling, as the UK...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite

14 Nov 2018 at 1 PM - Written by James Fuller

Concerns that UK Prime Minister Theresa May could struggle to find enough domestic support to pass a UK-EU Brexit deal into UK law left the British Pound to Canadian Dollar (GBP/CAD) tumbling on Wednesday, despite lower oil prices weighing on demand for the oil-correlated Canadian Dollar. Since opening this week at the level of 1.7130,...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Climbs as US Midterm Election Uncertainty Dents Loonie

6 Nov 2018 at 11 AM - Written by Tim Boyer

Despite analyst caution and disappointing UK data on Monday, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has advanced this week so far. Investors have been selling the relatively risky trade-correlated Canadian Dollar in anticipation of today’s anticipated US 2018 Mid-Term Elections. A hawkish monetary policy outlook for...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Surges on Hopes for UK-EU Financial Services Deal

1 Nov 2018 at 4 PM - Written by Toni Johnson

Despite higher market demand for risky commodity-correlated currencies since November began, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has surged in reaction to Brexit reports and speculation. Sterling’s strength was limited by disappointing UK manufacturing data however. Since opening this week at the level of 1.6812,...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Rebounds from 3-Week-Low Following Wednesday Plunge

25 Oct 2018 at 12 PM - Written by Minesh Chaudhari

Following the Bank of Canada’s (BoC) October policy decision on Wednesday, the Canadian Dollar saw a surge in demand. While the British Pound to Canadian Dollar (GBP/CAD) exchange rate has recovered from Wednesday’s lowest level, it is still on track to see significant losses throughout the week. Since opening this week at the level of...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady ahead of Key PM’s Speech

15 Oct 2018 at 3 PM - Written by Toni Johnson

Last week opened with the Pound trading at a level of CA$1.6997 on Monday. At the end of the week, the GBP/CAD exchange rate closed down lower in the region of CA$1.7120. GBP/CAD Exchange Rate Steady on Mixed Brexit Forecasts The Pound (GBP) has traded in a narrow range against the Canadian Dollar (CAD) today, with contrasting opinions...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Gains Seen on UK GDP Growth

10 Oct 2018 at 12 PM - Written by Minesh Chaudhari

Tuesday opened with the Pound to Canadian Dollar exchange rate at a level of CA$1.6962; the pairing later closed daily trading at a higher level of CA$1.7021. This appreciation was brought on by lingering hopes for a Brexit deal being secured by the November deadline, despite a lack of recent progress in negotiations. GBP/CAD Exchange...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Dips but Remains Near Week’s Best Level

27 Sep 2018 at 1 PM - Written by James Fuller

On Wednesday, the Pound opened trading against the Canadian Dollar at an interbank exchange rate of CA$1.7076 and closed higher around CA$1.7172. This appreciation came on rising uncertainty among Canadian Dollar traders, who were worried about the impacts of what was then a predicted US Federal Reserve interest rate hike. Pound...

CATEGORIES: Pound Canadian Dollar Forecasts