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

Pound Australian Dollar Exchange Rate Sinks on Increasing Bank of England Rate Cut Odds

13 Jan 2020 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate Sinks on Increasing Bank of England Rate Cut Odds

GBP/AUD Exchange Rate Edges Higher, ‘Aussie’ Gains on US-China Trade Deal Hopes The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.6% today, with the pairing currently trading around AU$1.881 as the risk-averse ‘Aussie’ continues to benefit from renewed risk-appetite as markets prepare for a US-China ‘phase one’ trade...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Hits 2-Month-Worst as Canadian Outlook Stronger since Job Market Report

13 Jan 2020 at 3 PM - Written by James Fuller

STORY LINK GBP to CAD Exchange Rate Hits 2-Month-Worst as Canadian Outlook Stronger since Job Market Report

The British Pound to Canadian Dollar (GBP/CAD) exchange rate plunged today, and was in fact one of the worst performing major Pound pairs due to lasting strength in the Canadian Dollar. While the Pound plummeted on fresh bets that the Bank of England (BoE) could cut UK monetary policy soon, the Canadian Dollar continued to benefit from last...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Rebounds as UK Services Sector Avoids Deeper Contraction

6 Jan 2020 at 3 PM - Written by James Fuller

STORY LINK GBP to CAD Exchange Rate Rebounds as UK Services Sector Avoids Deeper Contraction

Today’s stronger than expected UK PMI results have sent the Pound climbing against most major currencies, and the British Pound to Canadian Dollar (GBP/CAD) exchange rate is among the pairs seeing strong gains today. This is despite prices of oil, Canada’s most lucrative commodity, only seeing further gains. Market demand for the...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate News: GBP/CAD Targets One-Week High

30 Dec 2019 at 2 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate News: GBP/CAD Targets One-Week High

Pound (GBP) Buoyed but No-Deal Brexit Risks Loom The Pound (GBP) is trending higher against the Canadian Dollar (CAD) and the majority of its other peers at the start of this week’s session. There appears to be no fundamentals behind this rise, and it comes amid the lull between Christmas and New Year which traditionally leads to thin...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Recovers from Limp Performance amid Canadian Growth Concerns

27 Dec 2019 at 12 PM - Written by Ben Hughes

STORY LINK GBP to CAD Exchange Rate Recovers from Limp Performance amid Canadian Growth Concerns

Brexit uncertainties have been keeping the Pound under pressure through quiet holiday trade this week, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate has ultimately avoided losses due to lingering weakness in the Canadian Dollar. Investors have been hesitant to buy the Canadian Dollar amid this week’s Canadian growth data,...

CATEGORIES: Pound Canadian Dollar Forecasts

US-China Trade Optimism Buoys Oil Prices and Sends Pound Canadian Dollar (GBP/CAD) Exchange Rate Lower

23 Dec 2019 at 3 PM - Written by John Cameron

STORY LINK US-China Trade Optimism Buoys Oil Prices and Sends Pound Canadian Dollar (GBP/CAD) Exchange Rate Lower

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slips as Oil Prices Remain Steady The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped on Monday, leaving the pairing trading at around CA$1.7013. Oil prices remained steady on Monday, holding near three-month highs which buoyed the oil-sensitive Canadian Dollar....

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Improves as Canadian Retail Sales Fall

20 Dec 2019 at 3 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Improves as Canadian Retail Sales Fall

GBP/CAD Exchange Rate Rises on US-China Trade Uncertainty The Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.3% today, with the pairing currently trading around CA$1.713 after Canada’s Retail Sales figure for October fell to a worse-than-expected -1.2%. Statistics Canada said in its statement: ‘The decline was primarily...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps on Hard Brexit Fears

18 Dec 2019 at 1 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps on Hard Brexit Fears

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls on Increased Brexit Pessimism Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls on Increased Brexit Pessimism The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped on Wednesday morning, thanks to an increase in Brexit pessimism. The pairing was left...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Struggles to Hold Best as US-China ‘Phase One’ Deal Boosts Trade

16 Dec 2019 at 1 PM - Written by Ben Hughes

STORY LINK GBP to CAD Exchange Rate Struggles to Hold Best as US-China ‘Phase One’ Deal Boosts Trade

Last week’s UK General Election led to a surge in demand for the Pound, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate was unable to hold its best levels as UK Brexit uncertainties returned and Britain’s economic outlook remained mixed. The Canadian Dollar, despite weakness in recent Canadian ecostats, has been...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady, Canadian Industrial Capacity Falls in Third Quarter

11 Dec 2019 at 5 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady, Canadian Industrial Capacity Falls in Third Quarter

GBP/CAD Exchange Rate, Canadian Dollar Investors Brace for US Fed Rate Decision The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.740 after this afternoon’s release of Canada’s Industrial Capacity figure for the third-quarter fell below expectations at 81.7%. The result...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

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