Pound Canadian Dollar forecast page 16 - GBP CAD

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted as Oil Prices Rise The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained flat, leaving the pairing trading at around CA$1.7207. The oil-sensitive ‘Loonie’ edged higher today after oil prices rose on Friday. Prices were offered support after Russia...

Even though last week saw a broad surge in demand for the Pound and a two cent gain for the British Pound to Canadian Dollar (GBP/CAD) exchange rate, the pair has already shed a significant chunk of those gains since markets opened this morning. Now that Britain has left the EU, markets are becoming more anxious about Brexit again. Meanwhile,...

The Pound Sterling to Canadian Dollar exchange rate rose slightly on Monday January 27 leaving the pairing trading around CA$1.7218. CAD remained muted on Monday as oil prices extended last week’s declines. The risk-off mood amongst investors saw prices fall below $60 for the first time in nearly three months. Fears surrounding...

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted despite ‘Encouraging Start to 2020’ The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained muted, leaving the pairing trading at around CA$1.7235. Sterling was provided with a boost after the latest flash PMI data showed that the private sector returned to...

GBP/AUD Exchange Rate Edges Higher, ‘Aussie’ Gains on US-China Trade Deal Hopes The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.6% today, with the pairing currently trading around AU$1.881 as the risk-averse ‘Aussie’ continues to benefit from renewed risk-appetite as markets prepare for a US-China ‘phase one’ trade...

The British Pound to Canadian Dollar (GBP/CAD) exchange rate plunged today, and was in fact one of the worst performing major Pound pairs due to lasting strength in the Canadian Dollar. While the Pound plummeted on fresh bets that the Bank of England (BoE) could cut UK monetary policy soon, the Canadian Dollar continued to benefit from last...

Today’s stronger than expected UK PMI results have sent the Pound climbing against most major currencies, and the British Pound to Canadian Dollar (GBP/CAD) exchange rate is among the pairs seeing strong gains today. This is despite prices of oil, Canada’s most lucrative commodity, only seeing further gains. Market demand for the...

Pound (GBP) Buoyed but No-Deal Brexit Risks Loom The Pound (GBP) is trending higher against the Canadian Dollar (CAD) and the majority of its other peers at the start of this week’s session. There appears to be no fundamentals behind this rise, and it comes amid the lull between Christmas and New Year which traditionally leads to thin...

Brexit uncertainties have been keeping the Pound under pressure through quiet holiday trade this week, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate has ultimately avoided losses due to lingering weakness in the Canadian Dollar. Investors have been hesitant to buy the Canadian Dollar amid this week’s Canadian growth data,...

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slips as Oil Prices Remain Steady The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped on Monday, leaving the pairing trading at around CA$1.7013. Oil prices remained steady on Monday, holding near three-month highs which buoyed the oil-sensitive Canadian Dollar....