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Canadian Dollar Forecast Directory - Page #67

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

Outlook For Pound Canadian Dollar Exchange Rate (GBP CAD) Hinges On Canadian CPI Inflation Data

22 Feb 2013 at 9 AM - Written by Ben Hughes

The overnight rally for the US Dollar which followed the release of the latest set of Federal Reserve FOMC minutes late on Wednesday was partially reversed during yesterday’s session. The pro-Dollar move, which sent the GBP USD exchange rate down to a new 31-month low at 1.5131 during Asian trading proved to be a whipsaw – by the European...

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Foreign Currency Exchange Rate Outlook For EUR GBP & Predictions For USD, CAD

21 Feb 2013 at 2 PM - Written by David Woodsmith

The POUND STERLING has enjoyed a ‘bounce’ on the day today, following yesterday’s disappointing performance. The move in favour of the UK tender has come in spite of this morning’s British public sector borrowing figure which revealed that the coalition government has borrowed a mammoth £93.8bn so far this financial year. Given this,...

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Finance Ministers Likely To Speak Out Against Global Currency War At Moscow G20 Meeting

15 Feb 2013 at 4 PM - Written by Toni Johnson

The Pound ha enjoyed a generally positive session so far today, in spite of this morning’s worryingly weak January Retail Sales data for the UK. The Pound initially lost significant ground against the other majors in the aftermath of the release, however the UK tender’s initial losses were subsequently wiped out as analysts pointed out...

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Foreign Currency Exchange Rate Forecast For EUR GBP & Predictions For CAD & USD

31 Jan 2013 at 4 PM - Written by Ben Hughes

The EURO suffered a sharp bout of selling pressure earlier this morning, when the latest German and French retail sales data showed a sharp drop off from the year before. With this afternoon’s German CPI inflation data also printing at below the expected level, leaving the door open for more monetary easing by the European Central Bank,...

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Foreign Currency Exchange Rate Forecast For GBP EUR And Predictions For USD & CAD

25 Jan 2013 at 4 PM - Written by John Cameron

The POUND STERLING has once again suffered a torrid session in the currency markets following this morning’s publication of official UK GDP growth estimates for Q4 2012. The numbers showed that the flagging UK economy shrank by a larger than anticipated 0.3% during the final three months of last year. The figure is unlikely to convince the...

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Foreign Currency Exchange Rate Forecast For GBP USD and GBP CAD

4 Jan 2013 at 3 PM - Written by Ben Hughes

The main event in the global currency markets this afternoon came in the US, with the release a few minutes ago of the latest American employment data. Not for the first time, the closely-watched US labour market figures proved to be a ‘curate’s egg’ – on the credit side, the numbers showed that 155,000 new jobs had been generated in...

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Weak UK Retail Sales Data Holds Puts Pressure On GBP EUR Exchange Rate

20 Dec 2012 at 3 PM - Written by John Cameron

There was positive news from the US economy earlier, when Q3 GDP figures for the American economy, released earlier this afternoon, showed that the world’s premier economy expanded by an annualised 3.1% in the three months to the end of September. The upward revision from previous estimates of a 2.8% improvement might be good news for US...

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Pound Canadian Dollar Rate Edges Higher, GBP EUR Dips

17 Dec 2012 at 6 PM - Written by Frank Davies

Today’s session in the currency markets brought the release of two pieces of positive news for investors holding euro-denominated assets. The EU commission announced earlier that the 27-member euro area had clinched a trade deal with the influential island state of Singapore which will see the instigation of an official Free Trade Area...

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Daily Currency Exchange Rate Forecasts For GBP To EUR, USD And CAD

14 Dec 2012 at 4 PM - Written by Minesh Chaudhari

The EURO has enjoyed another positive day in the markets following the news that the eurozone’s leaders, who convened at a summit in Brussels today, have agreed on a deeper level of integration for the region. This morning’s whole of eurozone CPI inflation data printed at a marginally lower level than had been anticipated, however...

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GBP CAD Exchange Rate Up Following Weak Canadian Housing Data, Euro Loses Ground Over Berlusconi Fears

10 Dec 2012 at 6 PM - Written by Frank Davies

There was more bad news for the euro earlier today when Italian Prime Minister Mario Monti announced that he will be quitting his post ahead of schedule. Monti is an affirmed technocrat and was seen as a man whom Brussels could work with in an attempt to control and reduce the Mediterranean nation’s huge governmental debt. The news from...

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