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Daily Exchange Rate Forecasts & Currency News

Canadian Dollar Forecast Directory - Page #66

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

Pound Canadian Dollar Exchange Rate (GBP/CAD) Drops On Canadian Shop Sales Data

24 Apr 2013 at 9 AM - Written by Frank Davies

North American data releases stole the show during yesterday afternoon’s European session. Canada led the way with the publication of February’s monthly Retail Sales data which showed that domestic shop sales increased by a higher than expected 0.8% the month before last. A combination of this positive data release, coupled with a...

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GBP CAD Exchange Rate Forecast To Fall On Canadian Inflation Data, GBP EUR Rate Steady

19 Apr 2013 at 11 AM - Written by David Woodsmith

The overnight session brought a brace of negative commentaries from global policymakers which could hold back the Pound in the short-to-medium term. Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), described the recent economic figures from the UK economy as ‘not particularly good’. Lagarde’s...

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Foreign Currency Exchange Rate Prediction For GBP EUR & Forecasts For USD CAD

18 Apr 2013 at 2 PM - Written by John Cameron

The POUND STERLING has been held back on the day by another disappointing UK data release. This time it was March’s Retail Sales figures which hurt the Pound, sending the GBP EUR exchange rate down to as low as 1.1660 earlier. With no further British tier one data releases penned in for the remainder of the week, Sterling could now suffer...

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GBP to EUR Exchange Rate Slips As IMF Downgrades Its 2013 UK GDP Forecast

17 Apr 2013 at 9 AM - Written by John Cameron

The ailing UK economy suffered yet another body blow during the middle part of yesterday’s European session when the International Monetary Fund slashed its 2013 GDP Growth forecast from last month’s estimate of 1.0% to 0.7%. The news prompted the Pound to lose ground against the euro, sending the GBP/EUR exchange rate down to as low as...

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Euro Exchange Rate Forecast: GBP/EUR Set To Spiral On New Debt Deal?

15 Apr 2013 at 9 AM - Written by Minesh Chaudhari

News from the eurozone during the weekend market shutdown has ensured that the euro starts the week firmly on the back foot. All was quiet on the European sovereign debt crisis front until the recent Italian elections brought an indecisive result, leasing institutional investors to fear that the Mediterranean state was set to ditch its...

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Foreign Currency Exchange Rate Predictions For GBP EUR AUD & CAD

4 Apr 2013 at 3 PM - Written by Tim Boyer

The POUND STERLING received a boost earlier today when the Bank of England announced that it would not be increasing the £375bn already allocated to its Quantitative Easing programme. A better than expected PMI Services sector survey added to the positive lustre surrounding the UK tender on the day. Analysts expect Sterling to trade on a...

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Foreign Currency Exchange Rate Predictions For GBP EUR USD CAD

25 Mar 2013 at 2 PM - Written by John Cameron

The POUND STERLING has put in a tame performance in the currency markets at the start of this week’s session, leaking support against nearly all of the other sixteen most-actively traded global currencies. The shift out of Sterling appears to have been precipitated by increased willingness from investors to hold their funds in...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Currency Predict Forecasts

GBP EUR Exchange Rate Maintains Gains On Cyprus Bailout Fears, GBP AUD, GBP CAD & GBP NZD Rates Also Up

19 Mar 2013 at 9 AM - Written by Tim Boyer

One issue dominates the thoughts of investors in the foreign currency market at the moment – the proposed bailout for Cyprus. News has emerged within the past 24hrs that the terms of the miniscule Island state’s emergency funding package are to be re-negotiated following widespread public outrage amongst the nation’s population at the...

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Foreign Currency Exchange Rate Predictions For GBP EUR, GBP AUD, GBP NZD & GBP CAD For Today

11 Mar 2013 at 3 PM - Written by David Woodsmith

Friday afternoon’s US Non-Farm Payroll data for last month showed that almost a quarter of a million workers had been added to the American payroll. Analysts had been expecting a print of only 165,000. The release triggered a lurch in risk sentiment which precipitated significant movement for the world’s major currency pairs. Investors...

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GBP CAD Rate Edges Higher On BoC Comments, GBP USD Dips On Firm US Data

7 Mar 2013 at 9 AM - Written by Ben Hughes

Yesterday afternoon’s session brought yet another encouraging data release from the world’s primary economic power. Analysts had expected February’s US ADP Employment data, published at the start of the North American session, to show an increase of 170,000 in the number of American’s in employment last month. The actual print tipped...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Daily Currency U Forecasts