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Pound Canadian Dollar forecast - GBP CAD

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

LIVE EXCHANGE RATE 04:21:39 Pound Canadian Dollar Rate »
GBP/CAD +0 Days Low Days High Last Daily
1.70750 +0% 1.70750 1.70750 1.70750

GBP to CAD Exchange Rate Recovers as Loonie Suffers from Weaker Oil Prices

6 Feb 2019 at 12 PM - Written by Minesh Chaudhari

Despite poor UK data and Brexit uncertainties worsening further this week, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has recovered from its worst levels amid fresh Canadian Dollar weakness. Investors sold the Canadian Dollar from its best levels as prices of oil, Canada’s most lucrative commodity, slumped. Following...

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Pound Canadian Dollar Exchange Rate Investors Brace for Tuesday’s UK Parliament Brexit Vote

14 Jan 2019 at 5 PM - Written by Toni Johnson

Due to combination of Brexit hopes and weaker commodity price news, the British Pound to Canadian Dollar (GBP/CAD) exchange rate recovered at the end of last week. Despite broad Brexit uncertainties on Monday, the Canadian Dollar failed to capitalise due to weaker market appetite for riskier currencies. After opening last week at the level...

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Pound v Canadian Dollar Exchange Rate Tumble Slows as Investors Await Bank of Canada (BoC) Decision

9 Jan 2019 at 1 PM - Written by Minesh Chaudhari

For most of the week so far, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has tumbled as investors anticipate developments in US-China trade negotiations, and markets bet that the Canadian Dollar may have a stronger year ahead of it following a mixed performance in 2018. The first week of 2019 saw notable losses for...

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GBP to CAD Exchange Rate Climbs on Brexit Hopes Despite Risk-Sentiment

31 Dec 2018 at 12 PM - Written by David Woodsmith

Despite rising market confidence that tensions between the US and China were lightening, the British Pound to Canadian Dollar (GBP/CAD) exchange rate saw modest gains on Monday morning. Brexit speculation helped Sterling to gain, despite the Canadian Dollar finding some support in slightly stronger market risk-sentiment. Last week was a...

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Benefits as Oil Prices Resume Slide

27 Dec 2018 at 4 PM - Written by Frank Davies

Oil Worries Boost Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Weak oil prices helped to keep the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate on a stronger footing on Thursday. After seeing a rebound on Boxing Day oil prices came under renewed pressure, with Brent crude slipping below US$54 per barrel once...

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Increases as Canadian Inflation Figures Decrease

20 Dec 2018 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as Canadian Inflation Figures Drop The Pound Canadian Dollar (GBP/CAD) exchange rate is up today, and is currently trading at CAD$1.7068 after the release of yesterday’s Canadian inflation figures showed a worse-than-expected decrease. The Canadian Dollar (CAD) was also hit after the price of oil fell over...

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Pound to Canadian Dollar Exchange Rate News: GBP/CAD Rises as Chinese Economic Data Worries Persist

17 Dec 2018 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as CAD Investors Worry over Slowing Global Economy The Pound Canadian Dollar (GBP/CAD) exchange rate is up today, and is currently trading at CAD$1.6899 as ‘Loonie’ investors remain cautious over geopolitical tensions and signs of a slowing global economy. The UK, meanwhile, has been stuck in political...

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Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Strengthens After Conservative MPs Fail to Oust Theresa May

13 Dec 2018 at 12 PM - Written by Frank Davies

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Benefits as May Sees Off Coup After Theresa May saw off a vote of no confidence the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate was encouraged to extend its recovery. As Conservative MPs are now unable to challenge May’s leadership again for another twelve months...

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Pound to Canadian Dollar Exchange Rate Today: GBP/CAD Slumps as Brexit Uncertainty Overwhelms Sterling

3 Dec 2018 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Slumps as Brexit Fears Dominate The temporary trade truce between the US and China that occurred over the weekend at the G20 Summit caused risk-correlated currencies rise, although this did little for GBP as Brexit fears took over. The Canadian Dollar has been able to push back against Sterling, as the UK...

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Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite

14 Nov 2018 at 1 PM - Written by James Fuller

Concerns that UK Prime Minister Theresa May could struggle to find enough domestic support to pass a UK-EU Brexit deal into UK law left the British Pound to Canadian Dollar (GBP/CAD) tumbling on Wednesday, despite lower oil prices weighing on demand for the oil-correlated Canadian Dollar. Since opening this week at the level of 1.7130,...

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