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

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Holds Ground in spite of Weak Household Confidence

18 Feb 2019 at 4 PM - Written by Frank Davies

Weakening UK Household Confidence Fails to Dent Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate remained on a steady footing on Monday, even as Markit’s household finance index fell to an eleven-month low. Although confidence among UK households continued to sour...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Recovers as Loonie Suffers from Weaker Oil Prices

6 Feb 2019 at 12 PM - Written by Minesh Chaudhari

Despite poor UK data and Brexit uncertainties worsening further this week, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has recovered from its worst levels amid fresh Canadian Dollar weakness. Investors sold the Canadian Dollar from its best levels as prices of oil, Canada’s most lucrative commodity, slumped. Following...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises despite Apprehension over May’s Brexit ‘Plan B’

21 Jan 2019 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Increases as House Prices Rise The Pound Canadian Dollar (GBP/CAD) exchange rate is up today and is currently trading around CA$1.7077 on the inter-bank market. The Pound (GBP) gained on the Canadian Dollar (CAD) despite today’s publication of the UK Rightmove house price index for January, which showed its...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

Pound Canadian Dollar Exchange Rate Investors Brace for Tuesday’s UK Parliament Brexit Vote

14 Jan 2019 at 5 PM - Written by Toni Johnson

Due to combination of Brexit hopes and weaker commodity price news, the British Pound to Canadian Dollar (GBP/CAD) exchange rate recovered at the end of last week. Despite broad Brexit uncertainties on Monday, the Canadian Dollar failed to capitalise due to weaker market appetite for riskier currencies. After opening last week at the level...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound v Canadian Dollar Exchange Rate Tumble Slows as Investors Await Bank of Canada (BoC) Decision

9 Jan 2019 at 1 PM - Written by Minesh Chaudhari

For most of the week so far, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has tumbled as investors anticipate developments in US-China trade negotiations, and markets bet that the Canadian Dollar may have a stronger year ahead of it following a mixed performance in 2018. The first week of 2019 saw notable losses for...

CATEGORIES: Pound Canadian Dollar Forecasts

US Dollar to Canadian Dollar Exchange Rate Fails to Recover as US Economy Stumbles

4 Jan 2019 at 12 PM - Written by John Cameron

USD/CAD Exchange Rate Slips, But May Claw Back On Positive US Nonfarm Rolls Figures The US Dollar Canadian Dollar (USD/CAD) exchange rate is down 0.2% today and is currently trading within the region of $1.3449. The US Dollar (USD), however, may recover against the Canadian Dollar (CAD) later today with the release of the US Nonfarm...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

GBP to CAD Exchange Rate Climbs on Brexit Hopes Despite Risk-Sentiment

31 Dec 2018 at 12 PM - Written by David Woodsmith

Despite rising market confidence that tensions between the US and China were lightening, the British Pound to Canadian Dollar (GBP/CAD) exchange rate saw modest gains on Monday morning. Brexit speculation helped Sterling to gain, despite the Canadian Dollar finding some support in slightly stronger market risk-sentiment. Last week was a...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Benefits as Oil Prices Resume Slide

27 Dec 2018 at 4 PM - Written by Frank Davies

Oil Worries Boost Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Weak oil prices helped to keep the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate on a stronger footing on Thursday. After seeing a rebound on Boxing Day oil prices came under renewed pressure, with Brent crude slipping below US$54 per barrel once...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Increases as Canadian Inflation Figures Decrease

20 Dec 2018 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as Canadian Inflation Figures Drop The Pound Canadian Dollar (GBP/CAD) exchange rate is up today, and is currently trading at CAD$1.7068 after the release of yesterday’s Canadian inflation figures showed a worse-than-expected decrease. The Canadian Dollar (CAD) was also hit after the price of oil fell over...

CATEGORIES: Pound Canadian Dollar Forecasts

US Canadian Dollar Exchange Rate Tumbles Ahead of Federal Reserve Decision

19 Dec 2018 at 5 PM - Written by David Woodsmith

Despite a combination of weaker than expected Canadian inflation data, as well as oil prices recently hitting their worst levels in over a year, the US Dollar to Canadian Dollar (USD/CAD) exchange rate slipped on Wednesday afternoon as investors anticipated the Federal Reserve’s December policy decision. Since opening this week at the...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts