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Canadian Dollar Forecast Directory - Page #31

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

Pound Canadian Dollar (GBP CAD) Exchange Rate Tumbles as Canadian Unemployment Plummets

1 Dec 2017 at 5 PM - Written by Frank Davies

STORY LINK Pound Canadian Dollar (GBP CAD) Exchange Rate Tumbles as Canadian Unemployment Plummets

The Pound Canadian Dollar exchange rate fell almost 1.5% today as markets were surprised by better-than-expected Canadian unemployment figures and GDP. Canadian Data Proves Robust, CAD Exchange Rates Soar The Canadian economy expanded at an annualised rate of 1.7% in Q3 2017, admittedly down from the previous robust reading of 4.3% but...

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GBP CAD Exchange Rate Skyrockets as UK Offers to Pay More for Brexit

29 Nov 2017 at 12 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Skyrockets as UK Offers to Pay More for Brexit

The Pound Canadian Dollar (GBP CAD) exchange rate surged close to a six-month high this morning following reports that the UK government would be willing to offer more in its divorce bill with the EU. Pound (GBP) Surges as UK Offers €50bn in Brexit Bill Sterling sentiment continued to soar this morning as markets welcomed reports that...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Falters as UK Borrowing Figures Put Pressure on Budget Announcement

21 Nov 2017 at 1 PM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Falters as UK Borrowing Figures Put Pressure on Budget Announcement

Some of the wind went out of the Pound Canadian Dollar exchange rate’s sails in the wake of a disappointing UK public sector net borrowing figure. Markets were not impressed to find that the UK’s monthly deficit had risen to 8 billion in October, defying expectations of a slight improvement on the month. This larger figure puts...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Slumps Sharply as US Banks Signal Brexit Concerns

8 Nov 2017 at 11 AM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Slumps Sharply as US Banks Signal Brexit Concerns

Confidence in the Pound diminished sharply in the wake of reports that the major US banks are moving closer to implementing their hard Brexit contingency plans. With jobs looking set to be relocated from London back to the US and other European capitals this does not bode well for the UK outlook. Unless the government can secure a...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Holds Near Four-Month-High after Poor Canadian Growth Stats

1 Nov 2017 at 2 PM - Written by Minesh Chaudhari

STORY LINK GBP to CAD Exchange Rate Holds Near Four-Month-High after Poor Canadian Growth Stats

Market hopes for developments in the Brexit process, as well as underwhelming Canadian ecostats, have left the British Pound to Canadian Dollar exchange rate easily advancing this week. The pair could climb higher depending on Thursday’s Bank of England (BoE) decision too. Sterling’s recovery has continued this week, as GBP/CAD opened...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

31 Oct 2017 at 3 PM - Written by Toni Johnson

STORY LINK Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

On Monday, the Pound made a day-long advance against the Canadian Dollar. GBP opened trading in the region of 1.6853, later closing higher at a rate of 1.6946. This was brought on by high hopes of a Bank of England (BoE) interest rate hike this week, a sentiment that has been prevailing even today. Pound Surges after EU’s Barnier...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Shrugs Off Rising Oil Prices Ahead of BoE Rate Decision

30 Oct 2017 at 1 PM - Written by David Woodsmith

STORY LINK GBP CAD Shrugs Off Rising Oil Prices Ahead of BoE Rate Decision

While oil prices remained on a bullish trend at the start of the week this was not enough to knock the Pound Canadian Dollar exchange rate off its uptrend. Even with Brent crude trending above the psychologically important US$60 per barrel mark a general sense of market risk aversion kept the Canadian Dollar on a weaker...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Skyrockets as UK GDP Shows Unexpected Growth

25 Oct 2017 at 4 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Skyrockets as UK GDP Shows Unexpected Growth

The Pound Canadian Dollar (GBP CAD) exchange rate surged close to a four-month high today following an unexpected uptick in the UK’s GDP figures in third quarter. Pound (GBP) Surges as GDP Beats Expectations Sterling sentiment shot higher earlier this morning as data showed that the UK economy grew faster than expected during the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rates Neck and Neck before UK GDP and BoC Rate Decision

24 Oct 2017 at 10 AM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rates Neck and Neck before UK GDP and BoC Rate Decision

A quiet data day has left the Pound Canadian Dollar neck and neck this morning as markets await tomorrow’s UK GDP figures and the Bank of Canada’s (BoC) October rate decision. GBP Climbs as Theresa May Dinner Rumours are Dispelled The Pound is currently climbing on the back of renewed positive Brexit sentiment, with German...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates

GBP CAD Slides on Disappointing UK Retail Sales Figures and Lack of Brexit Progress

19 Oct 2017 at 2 PM - Written by John Cameron

STORY LINK GBP CAD Slides on Disappointing UK Retail Sales Figures and Lack of Brexit Progress

The Pound Canadian Dollar exchange rate tumbled today as markets reacted to disappointing UK retail sales figures and a clear lack of progress in Brexit negotiations. UK Retail Sales Disappoint – GBP Encumbered UK Retail sales suffered a sharp fall in September, according to the Office of National Statistics (ONS) who reported a fall...

CATEGORIES: Canadian Dollar Forecasts

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