Currency News

Daily Exchange Rate Forecasts & Currency News

Canadian Dollar Forecast Directory - Page #29

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

GBP CAD Exchange Rate Slumps Sharply as BoE Lowers UK Growth Forecasts

10 May 2018 at 5 PM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Slumps Sharply as BoE Lowers UK Growth Forecasts

In the wake of the Bank of England’s (BoE) May policy meeting the Pound Canadian Dollar (GBP/CAD) exchange rate came under significant pressure. While markets had already effectively ruled out the prospect of an interest rate hike the Pound still came under fire after the Monetary Policy Committee (MPC) voted to leave policy...

CATEGORIES: Pound Canadian Dollar Forecasts

USD to CAD Exchange Rate Fluctuates as Both Currencies Bolstered by Central Bank Speculation

1 May 2018 at 10 AM - Written by Minesh Chaudhari

STORY LINK USD to CAD Exchange Rate Fluctuates as Both Currencies Bolstered by Central Bank Speculation

While rising US Treasury 10-year bond yields helped the US Dollar to Canadian Dollar (USD/CAD) exchange rate to put in solid gains at the beginning of last week, its advance attempts since then have been limited by Canadian Dollar strength. So far this week the pair has fluctuated with an upside bias. Due to expectations of a strengthening...

CATEGORIES: Canadian Dollar Forecasts

Pound Canadian Dollar GBP/CAD Exchange Rate Climbs on Reports of NAFTA Tensions

26 Apr 2018 at 2 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar GBP/CAD Exchange Rate Climbs on Reports of NAFTA Tensions

The Pound Canadian Dollar (GBP/CAD) exchange rate is edging higher today as sources suggest the US and Canada are clashing over the sunset clause in NAFTA negoiations. Canadian Dollar (CAD) Slides on NAFTA Uncertainty The Canadian Dollar found itself sliding against Sterling today following reports that Canada and America are butting...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Rises after Forecast for Two 2018 UK Interest Rate Hikes

23 Apr 2018 at 3 PM - Written by Toni Johnson

STORY LINK GBP/CAD Exchange Rate Rises after Forecast for Two 2018 UK Interest Rate Hikes

During the previous week, the Pound to Canadian Dollar exchange rate saw an overall decline due to fresh doubts about whether a May interest rate hike would occur. The GBP/CAD exchange rate opened around 1.7973 on Monday morning last week, but closed down lower in the region of 1.7863 on Friday evening. The Pound initially appreciated...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Holds Above Worst Levels as Bank of Canada Weakens ?Loonie?

19 Apr 2018 at 1 PM - Written by David Woodsmith

STORY LINK GBP to CAD Exchange Rate Holds Above Worst Levels as Bank of Canada Weakens ?Loonie?

Both the Pound and Canadian Dollar have become unappealing in recent sessions, causing fluctuations in the British Pound to Canadian Dollar (GBP/CAD) exchange rate. Still, overall the Pound outlook appeared to have worsened more due to disappointing UK inflation data weighing on Bank of England (BoE) interest rate hike bets. A broadly...

CATEGORIES: Pound Canadian Dollar Forecasts

Weekly GBP/CAD Exchange Rate Forecast: Are Pound Losses ahead on UK Inflation Acceleration?

13 Apr 2018 at 3 PM - Written by Ben Hughes

STORY LINK Weekly GBP/CAD Exchange Rate Forecast: Are Pound Losses ahead on UK Inflation Acceleration?

On Thursday, the Pound to Canadian Dollar exchange rate opened in the region of 1.8002 on Monday but later closed down lower around 1.7950 on Friday. This slight GBP/CAD decline could worsen in the week ahead, if UK economic data shows tougher conditions for consumers. Last Week’s GBP/CAD Losses Triggered by Slowing UK Productivity...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar Exchange Rate Drops One Year ahead of Brexit Transition

29 Mar 2018 at 2 PM - Written by James Fuller

STORY LINK Pound to Canadian Dollar Exchange Rate Drops One Year ahead of Brexit Transition

Over the course of Wednesday’s trading session, the Pound to Canadian Dollar exchange rate saw a gradual decline from an opening level of 1.8255 to later close around 1.8189. The only major UK data out on 28th March was a Confederation of British Industry (CBI) distributive trades reading, which showed a much greater decline in March...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Sheds Gains as Hopes Rise for NAFTA Deal

21 Mar 2018 at 5 PM - Written by Ben Hughes

STORY LINK GBP to CAD Exchange Rate Sheds Gains as Hopes Rise for NAFTA Deal

Despite Brexit hopes and strong UK data boosting Sterling against most major currency rivals, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has shed its weekly gains and trended lower on Wednesday amid rising hopes that the North American Free Trade Agreement (NAFTA) could be successfully renegotiated. After seeing major...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Gains Limited as Brexit Uncertainties Remain

26 Feb 2018 at 3 PM - Written by James Fuller

STORY LINK GBP to CAD Exchange Rate Gains Limited as Brexit Uncertainties Remain

While a speech from UK Labour Party Leader Jeremy Corbyn boosted ‘soft Brexit’ hopes on Monday morning, the British Pound to Canadian Dollar (GBP/CAD) exchange rate’s gains were limited as the UK government showed no signs of being pressured by the Labour Party’s stance on EU customs unions. ‘Soft Brexit’ hopes and Bank of...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Surges Higher After BoE Sounds Hawkish Note

8 Feb 2018 at 2 PM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Surges Higher After BoE Sounds Hawkish Note

In the immediate aftermath of the Bank of England’s (BoE) rate decision the Pound Canadian Dollar (GBP CAD) exchange rate surged higher as market sentiment turned bullish. Demand for the Pound picked up significantly on the back of the BoE’s meeting minutes, which proved to be slightly more hawkish in nature than anticipated. Even...

CATEGORIES: Pound Canadian Dollar Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today