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Pound Canadian Dollar Forecast Directory - Page #12

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

GBP to CAD Exchange Rate Attempts Rebound as Oil Weakness and US Uncertainty Caps CAD

5 Nov 2020 at 3 PM - Written by David Woodsmith

STORY LINK GBP to CAD Exchange Rate Attempts Rebound as Oil Weakness and US Uncertainty Caps CAD

Investors have been buying the British Pound to Canadian Dollar (GBP/CAD) exchange rate back from its lows again today, as the US 2020 Presidential Election continues to develop. While the Pound has been hit harder by risk-aversion this week, the Canadian Dollar is being weighed by other factors like oil prices and US policy uncertainty...

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Rises as BoC Holds Interest Rates

28 Oct 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Canadian Dollar (GBP/CAD) Exchange Rate Rises as BoC Holds Interest Rates

GBP/CAD Exchange Rate Rises as Oil Prices Drop The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.4% today, with the pairing currently trading around CA$1.727. The Canadian Dollar (CAD) fell today after the Bank of Canada (BoC) announced that its interest rate would remain at 0.25%. Tiff Macklem, the Governor of the BoC,...

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Pound to Canadian Dollar Exchange Rate Edges Higher as Oil Prices Slide on Covid-19 Concerns

26 Oct 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Canadian Dollar Exchange Rate Edges Higher as Oil Prices Slide on Covid-19 Concerns

GBP/CAD Exchange Rate Rises as Oil Prices Fall The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.4% today, with the pairing currently trading around CA$1.718. The Canadian Dollar (CAD) suffered today as oil prices dropped by 3% owing to rising production in Libya and fading prospects of a pre-election US stimulus package....

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GBP/CAD Kept from Advancing as Trump’s Return Calms Markets

6 Oct 2020 at 4 PM - Written by Toni Johnson

STORY LINK GBP/CAD Kept from Advancing as Trump’s Return Calms Markets

Global markets have been driven by developments regarding US President Donald Trump’s health since last week, and the British Pound to Canadian Dollar (GBP/CAD) exchange rate is under pressure today as the Canadian Dollar benefits from some fresh market demand for riskier trade and commodity-correlated assets. Meanwhile, the Pound’s...

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Falls as EU Launches Legal Action against UK

1 Oct 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Canadian Dollar (GBP/CAD) Exchange Rate Falls as EU Launches Legal Action against UK

GBP/CAD Exchange Rate Sinks as UK-EU Relations Take a Turn for the Worst The Pound to Canadian Dollar (GBP/CAD) exchange rate fell by -0.2% today. The pairing is trading around CA$1.714 following news that the European Union would be taking legal action against Prime Minister Boris Johnson’s Government against the controversial Brexit...

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Steady as Canadian Markets Brace for Trump-Biden Presidential Debate

29 Sep 2020 at 5 PM - Written by John Cameron

STORY LINK Pound to Canadian Dollar (GBP/CAD) Exchange Rate Steady as Canadian Markets Brace for Trump-Biden Presidential Debate

GBP/CAD Exchange Rate Rangebound Canadian Covid-19 Cases Rise The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.722. The Canadian Dollar (CAD) has suffered today ahead of the US presidential debate between Donald Trump and Joe Biden. As a result, the risk-averse...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Rises as UK Chancellor Announces Support for Businesses

24 Sep 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Canadian Dollar (GBP/CAD) Exchange Rate Rises as UK Chancellor Announces Support for Businesses

GBP/CAD Exchange Rate Edges Higher as UK Government Promises to Cover 22% of Worker Pay for Six Months The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.5% today, with the pairing currently trading around CA$1.711. Sterling rose today after British Chancellor Rishi Sunak revealed that the Government would support wages and...

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Dips as Canadian Markets Brace for BoC Rate Statement

9 Sep 2020 at 2 PM - Written by John Cameron

STORY LINK Pound to Canadian Dollar (GBP/CAD) Exchange Rate Dips as Canadian Markets Brace for BoC Rate Statement

GBP/CAD Exchange Rate Falls as Bank of Canada is Forecast to Hold Interest Rates The Pound to Canadian Dollar (GBP/CAD) exchange rate fell by -0.2% today, with the pairing currently fluctuating around CA$1.711. The Canadian Dollar (CAD) edged higher as the Bank of Canada (BoC) is expected to reassure markets on its interest rate decision...

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Pound to Canadian Dollar Exchange Rate Under Pressure as Canadian Exports Beat Forecasts

3 Sep 2020 at 7 PM - Written by Frank Davies

STORY LINK Pound to Canadian Dollar Exchange Rate Under Pressure as Canadian Exports Beat Forecasts

Strong Canadian Export Growth Drags on Pound Canadian Dollar Exchange Rate A better-than-expected month of exports for the Canadian economy helped to keep the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate under pressure. While forecasts had pointed towards an improvement in trade conditions the trade deficit narrowed further...

CATEGORIES: Pound Canadian Dollar Forecasts

Mixed Oil Prices as Storms Hit Production Sends the Pound Canadian Dollar (GBP/CAD) Exchange Rate Higher

25 Aug 2020 at 12 PM - Written by John Cameron

STORY LINK Mixed Oil Prices as Storms Hit Production Sends the Pound Canadian Dollar (GBP/CAD) Exchange Rate Higher

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as Tropical Storms Hit Oil Production The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate edged 0.3% higher, leaving the pairing trading at around C$1.7342. The Canadian Dollar slipped as crude oil prices were left mixed after traders weighed up rising...

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