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Pound Canadian Dollar forecast page 16 - GBP CAD

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

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps Ahead of BoC Decision

4 Mar 2020 at 1 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps Ahead of BoC Decision

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls as Markets Price in BoE Cut The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped by around -0.3%, ahead of today’s Bank of Canada (BoC) meeting, leaving the pairing trading at around CA$1.7099. The Pound weakened on Wednesday after the US Federal Reserve’s...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises as Oil Prices Slump to One Year Low

28 Feb 2020 at 1 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises as Oil Prices Slump to One Year Low

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Jumps as Oil Price The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate edged higher on Friday, leaving the pairing trading at around CA$1.7326. Friday saw oil prices plummeted to their lowest level in more than a year while prices were also set for the largest weekly fall in...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips as Rising Oil Prices Boost ‘Loonie’

19 Feb 2020 at 5 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips as Rising Oil Prices Boost ‘Loonie’

GBP/CAD Exchange Rate Sinks as ‘Loonie’ Rises on Lull in Coronavirus Fears The Pound Canadian Dollar (GBP/CAD) exchange rate dipped by -0.3%, with the pairing currently trading around CA$1.716 after Canada’s inflation report for January beat forecasts and rose from 0% to 0.3%, while the year-on-year figure also increased by...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Boost the ‘Loonie’

17 Feb 2020 at 5 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Boost the ‘Loonie’

GBP/CAD Exchange Rate Falls as Risk Appetite Returns for Canadian Dollar The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.5% today, with the pairing currently trading around CA$1.720 as increasingly muted fears over China’s coronavirus outbreak has strengthened oil prices and boosted the risk-sensitive ‘Loonie’. Ray...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Boost ‘Loonie’

14 Feb 2020 at 3 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Boost ‘Loonie’

GBP/CAD Exchange Rate Eases as Market Risk Appetite Returns for Canadian Dollar The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.4% today, with the pairing currently trading around CA$1.723 in spite of the International Energy Agency’s (IEA) warning that the coronavirus could see oil demand fall. The oil-sensitive Canadian...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises as Coronavirus Throttles Oil Demand

10 Feb 2020 at 5 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises as Coronavirus Throttles Oil Demand

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as Oil Prices Fall The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate edged higher this afternoon, leaving the pairing trading at around CA$1.7209. The oil-sensitive ‘Loonie’ slumped after oil prices slipped at the start of the week as Chinese demand...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat as Oil Prices Edge Higher

7 Feb 2020 at 11 AM - Written by John Cameron

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat as Oil Prices Edge Higher

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...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Sheds Most of Last Week’s Gains as Brexit Fears Return

3 Feb 2020 at 1 PM - Written by Ben Hughes

STORY LINK GBP to CAD Exchange Rate Sheds Most of Last Week’s Gains as Brexit Fears Return

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,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar Exchange Rate: GBP/CAD Lower as Coronavirus Fears Weigh on Oil Prices

27 Jan 2020 at 3 PM - Written by John Cameron

STORY LINK Pound to Canadian Dollar Exchange Rate: GBP/CAD Lower as Coronavirus Fears Weigh on Oil Prices

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...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Flat as UK PMIs ‘Kill Off’ Chance of Imminent BoE Cut

24 Jan 2020 at 10 AM - Written by John Cameron

STORY LINK GBP/CAD Exchange Rate Flat as UK PMIs ‘Kill Off’ Chance of Imminent BoE Cut

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...

CATEGORIES: Pound Canadian Dollar Forecasts

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