Pound Canadian Dollar forecast page 14 - GBP CAD

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls as Oil Prices Edge Higher The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped by -0.6% today, leaving the pairing trading at around CA$1.7285. The oil-sensitive ‘Loonie’ made gains against the Pound today after oil prices gained on Wednesday after US oil...

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rises as Oil Prices Slump The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate edged higher this morning, leaving the pairing trading at around CA$1.7482. The Canadian Dollar suffered some losses today after oil prices fell once again after concerns over small storage...

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted as Oil Prices Rise The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained largely flat this morning, leaving the pairing trading at around CA$1.7347. The Canadian Dollar remained flat against the Pound today after news of a failed coronavirus vaccine trial...

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted as Oil Prices Steady The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained flat this morning. This left the pairing trading at around CA$1.7293. The Canadian Dollar remained flat against the Pound as oil prices steadied on Wednesday. Prices were supported by...

The Pound’s period of resilience has come to an end for now, as the British Pound to Canadian Dollar (GBP/CAD) exchange rate has fallen. The Canadian Dollar isn’t benefitting as strongly from market risk-sentiment as some other major currencies, but it has been enough to keep pressure on the pair. The Pound’s weakness on domestic...

GBP/CAD Exchange Rate Edges Higher, Sinking Oil Prices Drag Down CAD The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.6% today as tumbling oil prices continue to weigh on the oil-sensitive ‘Loonie. The pairing is currently trading around CA$1.757. Analysts at JBC Energy echoed Canadian Dollar investors’ concerns,...

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate as Crude Oil Suffers Largest Quarterly Loss The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate rallied this morning, rising by around 1%. This left the pairing trading at around CA$1.7636. The oil-sensitive ‘Loonie’ suffered losses today after oil slumped to $25 a...

Lack of Bank of England Action Supports Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate found some support in the wake of the Bank of England’s (BoE) scheduled March policy meeting. While the BoE issued a fresh warning over the outlook of the UK economy this failed...

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rises as Oil Prices Continue to Slump The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate rose by around 0.6%, leaving the pairing trading at around CA$1.6766. The oil-sensitive ‘Loonie’ slumped today as Brent crude prices extended its slump amid further action from...

GBP/CAD Exchange Rate Falls on BoE Emergency Rate Cut The Pound Canadian Dollar (GBP/CAD) exchange rate fell by over -0.5% today after the Bank of England (BoE) cut its interest rates to a record-low of 0.1% to fight the Covid-19 economic fallout. The pairing is currently fluctuating around CA$ 1.6693. Ivan Petrella, an associate...