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Canadian Dollar Forecast Directory - Page #60

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

Pound Canadian Dollar Exchange Rate Forecast (GBP/CAD) To Tumble; Pound to US Dollar Rate Predicted To Climb

4 Apr 2014 at 3 PM - Written by James Fuller

This afternoon’s Canadian labour market figures were far more positive in tone than their counterpart numbers from the US. The overall level of unemployment in Canada dropped to 6.9% last month, while almost 43,000 new jobs were generated in Canada during March. The Loonie has surged against Sterling as a consequence, sending the Pound...

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Pound Canadian Dollar Exchange Rate: GBP CAD Forecast To Fall On Stronger Canadian GDP numbers

1 Apr 2014 at 9 AM - Written by John Cameron

The Canadian Dollar (currency:CAD) was the big winner in the global currency markets yesterday afternoon following the publication of stronger than anticipated Gross Domestic Product growth data in Canada. January’s monthly increase of 0.5% in output from the export-driven Canadian economy cancelled out December’s drop of 0.5% in activity...

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Canadian Dollar to US Dollar Exchange Rate Climbs From 4 ? Yr Low & CAD Currency Gains vs Pound Sterling, Euro & AUD Dollar

21 Mar 2014 at 4 PM - Written by Toni Johnson

The Canadian Dollar to US Dollar exchnage rate (CAD/USD) climbed away from its lowest level since 2009 and edged higher against a number of peers including Pound Sterling (CAD/GBP), Euro (CAD/EUR) and Australian Dollar (CAD/AUD). Earlier in the week the ‘Loonie’ was hit hard by comments made by Bank of Canada Governor Stephen Poloz...

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Exchange Rates Forecast: Could Pound Canadian Dollar (GBP CAD) & Pound Norwegian Krone (GBP NOK) Plunge On Russia Sanctions?

19 Mar 2014 at 9 AM - Written by David Woodsmith

The European Union and the United States reacted to the resounding vote in favour of rejoining Russia by the Crimean people in Sunday’s referendum by imposing travel bans and economic sanctions on leading Russian and Ukrainian politicians who have supported Moscow’s annexation of Crimea. The initial round of targeted action was directed a...

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Pound Dollar Forecast: Losses Predicted for GBP USD Exchange Rate

18 Mar 2014 at 6 PM - Written by John Cameron

The Pound Sterling (currency:GBP) has put in a dismal performance against the other major currencies during today’s session, sending the Pound euro exchange rate down to as low as 1.1902 GBP/EUR during this afternoon’s session. Meanwhile, the Pound US Dollar exchange rate has dipped to a monthly low at 1.6545 a short time ago...

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Pound Euro Rates Today: Has GBP EUR Exchange Rate Bottomed Out?

17 Mar 2014 at 6 PM - Written by Toni Johnson

It’s been a day of little movement for the Pound euro exchange rate (GBP/EUR) in spite of a lower than anticipated set of whole of eurozone inflation numbers for February, published earlier. The figures revealed that the rate of price rises in the Euroland has increased by only 0.7% last month compared with February 2013. This was mildly...

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Foreign Currency Exchange Rate Forecast For Pound GBP Versus EUR USD NZD CAD

10 Mar 2014 at 9 AM - Written by Minesh Chaudhari

The EURO continues to apparently defy gravity in gaining ground against Sterling, in spite of the European Central Bank’s suggestions over the past four months that it may need to further loosen its monetary policy in order to re-inflate its economy. Higher than anticipated whole of eurozone Consumer Price Index figures, published earlier...

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GBP/USD Forecast: Pound Dollar Exchange Rate To Hit 1.7000 GBP/USD on Disappointing US Data

6 Mar 2014 at 11 AM - Written by James Fuller

By the middle part of yesterday’s North American equities session, the Pound Sterling had outperformed all of the other sixteen most actively traded global currencies, with the notable exception of the South African Rand. The move in favour of the Pound appeared to be counter-intuitive, given that the Bank of England announced that it had...

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Pound Australian Dollar Exchange Rate: Australia's Q4 Data Sends GBP AUD Down

5 Mar 2014 at 2 PM - Written by Tim Boyer

The Australian Dollar exchange rate (currency:AUD) was given a boost during the overnight trading session with the publication of an encouraging set of Q4 Gross Domestic Product numbers which revealed that the Australian economy is expanding at a faster than anticipated annualised 2.8%. Most economists had expected the figure to print at...

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Pound to Australian / Canadian / New Zealand Dollar Exchange Rates Forecast Losses as Commodity Prices Rally

27 Feb 2014 at 10 AM - Written by John Cameron

Global commodities prices have been locked in a pronounced downtrend since Q2 2011. At this time, the broad-ranging Dow Jones UBS Commodities Index, (DJUBS:DJI), which is quoted in New York, was tipping the scales at just above the 170.00 threshold but has been on the slide ever since. By Christmas 2013, the closely-monitored gauge of...

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