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Canadian Dollar Forecast Directory - Page #24

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

GBP to CAD Exchange Rate Rebounds amid Market Risk-Aversion despite Brexit Jitters

29 Mar 2019 at 12 PM - Written by Minesh Chaudhari

Despite market uncertainty over how the Brexit process will develop over the coming weeks, the British Pound to Canadian Dollar (GBP/CAD) exchange rate rebounded slightly from its worst weekly levels this morning thanks to weakness in rivals and some stronger than expected UK data. However, Sterling is still on track to fall this week amid...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling Exchange Rates Recover as EU Grant Brexit Extension With Conditions

21 Mar 2019 at 3 PM - Written by John Cameron

Today the Bank of England (BoE) left interest rates unchanged, with a unanimous vote from all nine members choosing not to change rates. The minutes from the Monetary Policy Committee (MPC) meeting suggested that the next move of the bank largely depends on Brexit. The MPC said that the predictions in its inflation report were...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to Canadian Dollar Exchange Rate Steadies on Gloomy Canadian Economic Forecast

21 Mar 2019 at 2 PM - Written by John Cameron

The Pound Canadian Dollar (GBP/CAD) exchange rate is flat today and is currently trading around CA$1.7529 on the inter-bank market. The Canadian Dollar (CAD) is rangebound against the Pound (GBP) today despite the publication of the Canadian ADP employment change figures for February which improved at 36.2K against January’s 35.4K....

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slips despite UK Employment at Highest Since 1971

19 Mar 2019 at 3 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Dips despite UK Unemployment Hitting 44-Year Low The Pound Canadian Dollar (GBP/CAD) exchange rate slipped over the course of the morning, and is currently trading at an inter-bank rate of CA$1.7577. Data released this morning revealed that UK employment is at its highest since...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate in Fresh Surge as No-Deal Brexit tol Be Avoided

13 Mar 2019 at 1 PM - Written by Minesh Chaudhari

A fairly resilient Canadian Dollar, as well as market demand for riskier trade-correlated currencies, briefly saw the British Pound to Canadian Dollar (GBP/CAD) exchange rate shed all of Monday’s gains yesterday, but continued Brexit speculation has kept the Pound buoyed above the week’s opening levels as investors anticipated upcoming...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slides following Strong Canadian Job Market Figures

8 Mar 2019 at 4 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls as Canadian Job Creation Surges The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate has fallen and the pairing is currently trading at an inter-bank rate of CA$1.7549. This afternoon, data showed that Canadian unemployment remained steady at 5.8%, and net change in employment...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slips as UK Construction PMI Slides into Contraction

4 Mar 2019 at 4 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides as UK Construction Declines at Fastest Rate in 11 Months The Pound Canadian Dollar (GBP/CAD) exchange rate slipped this afternoon, as Sterling was weighed down by worse-than-forecast cConstruction PMI data. The pairing is currently trading at an inter-bank rate of...

CATEGORIES: Pound Canadian Dollar Forecasts

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Rises despite Plummeting US Housing Starts

26 Feb 2019 at 4 PM - Written by John Cameron

USD/CAD Exchange Rate Rises despite Poor US Housing Data The US Dollar Canadian Dollar (USD/CAD) exchange rate edged higher today and is currently trading around CA$1.3225. USD gained on the Canadian Dollar despite the US housing starts change figures for December plummeting considerably below the consensus of -0.5% to -11.2%. These...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Daily Currency Updates

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rises as Oil Price Sinks

25 Feb 2019 at 5 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rallies as Oil Prices Slide This afternoon the Pound Sterling Canadian Dollar (GBP/CAD) exchange rate rose 0.5%, trading at an inter-bank rate of CA$1.7222. Sentiment for the Canadian Dollar slipped today as a dip in oil prices offset news that US President Donald Trump would delay...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rises as UK Public Finances Hit Record Surplus

21 Feb 2019 at 1 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises on Record High UK Public Finances Surplus This morning the Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.4%, and the pairing is currently trading at an inter-bank rate of CA$1.7248. Data this morning revealed that public finances hit a record surplus of £14.9B in January...

CATEGORIES: Pound Canadian Dollar Forecasts