Pound Canadian Dollar forecast page 10 - GBP CAD

Foreign exchange market appetite for the Pound has been improving today, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate has been unable to sustain much in the way of fresh gains. This is because the latest developments in politics and global sentiment have been seen as widely optimistic, and are making investors confident...

While the Pound’s appeal has been a little weaker this week so far, the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate has been edging higher. As the Canadian Dollar is weighed by a combination of market risk-aversion and weakness in the US Dollar, the currency has been unable to capitalise on recent strength in oil prices....

GBP/CAD Exchange Rate Rangebound as UK GPs and Pharmacies to Rollout Covid-19 Vaccine The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.72. Sterling benefited from news that UK GP’s surgeries and pharmacies would be allowed to rollout out the new Oxford/AstraZeneca...

Prospect of Fresh UK Lockdown Drives Pound Canadian Dollar Exchange Rate Lower The Pound to Canadian Dollar (GBP/CAD) exchange rate dropped sharply on Monday in the wake of the announcement of Scotland’s imminent return to a state of national lockdown. Speculation that the rest of the UK could soon follow suit left the Pound generally...

Investors are selling the British Pound to Canadian Dollar (GBP/CAD) exchange rate today, as the Pound is throttled by reports that a new more contagious variation of the coronavirus Covid19 has been found in Britain. The Canadian Dollar has been unable to capitalise on the Pound’s weakness though, as rising coronavirus fears are weighing...

GBP/CAD Exchange Rate Heads Higher on Brexit Talks Progress The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.8% today, with the pairing currently trading around CA$1.722. The Pound (GBP) rose today following the announcement that the UK would remain with relaxed Christmas Covid-19 rules despite nations being divided in the...

GBP/CAD Exchange Rate Heads Higher as Brexit Talks Show Signs of Progress The Pound to Canadian Dollar (GBP/CAD) exchange rate rose today, with the pairing currently fluctuating around CA$1.71. The Pound (GBP) gained following promising news of a possible post-Brexit trade agreement between the UK and the EU. Downing Street has...

While the Pound attempts recovery against many major currencies today, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has been unable to sustain much in the way of gains since markets opened this week. This is because resilient demand for risk and trade-correlated currencies like the Canadian Dollar are keeping the pair’s...

The British Pound to Canadian Dollar (GBP/CAD) exchange rate tumbled at the end of last week, but movement in the pair has been highly mixed this week so far. Concerns about how the Brexit process will unfold in the final month of the Brexit transition period are increasingly taking focus for the Pound outlook, while the Canadian Dollar’s...

Falling UK Car Production Fuels Pound Canadian Dollar (GBP/CAD) Exchange Rate Losses The sharper-than-expected decline in October’s UK car production figure left the Pound to Canadian Dollar (GBP/CAD) exchange rate under pressure. Worries over the health of the UK manufacturing sector picked up as car production plunged -18.2% on the...