Pound Canadian Dollar forecast page 18 - GBP CAD

The British Pound to Canadian Dollar (GBP/CAD) exchange rate has been trending lower this week, but the pair is up on yesterday’s levels as the Canadian Dollar is weakened by the latest market concerns over Canada’s trade and economy. Concerns that the Bank of Canada (BoC) could take a more dovish stance on monetary policy have been...

Despite concerns over the next steps of the Brexit process, with a UK general election expected in the coming months, the British Pound to Canadian Dollar (GBP/CAD) exchange rate advanced slightly yesterday. The latest UK political uncertainties doused market risk-sentiment and dampened demand for the trade-correlated Canadian Dollar as...

Despite recent Canadian data falling short of expectations, they haven’t done much to offset hopes that the Bank of Canada (BoC) will avoid interest rate cuts in the coming months and this combined with Brexit uncertainty has left the British Pound to Canadian Dollar (GBP/CAD) exchange rate weaker this week. The Pound’s fresh weakness on...

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides as Trudeau Clings to Power The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped on Tuesday morning, and the pairing is currently trading at around CA$1.6925. The Canadian Dollar edged up against the Pound and held near a three-month high after Justin Trudeau’s Liberal...

Following a strong week for the British Pound to Canadian Dollar (GBP/CAD) exchange rate, this week could be poised to be even more hectic with the fate of the Brexit process and Canada’s 2019 Federal Election taking place. Amid these uncertainties, investors were hesitant to move too much on either the Pound or the Canadian Dollar and the...

Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls despite Stagnant Canada GDP The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped and the pairing is currently trading at around CA$1.6240. The Canadian Dollar edged up despite data revealing Canada’s GDP growth for July unexpectedly remained flat. The data comes in...

Supreme Court Decision Buoys Pound Canadian Dollar (GBP/CAD) Exchange Rate The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate rose and the pairing is currently trading at around CA$1.6550. Sterling edged up against the Canadian Dollar after the UK Supreme Court ruled the Prime Minister’s decision to suspend parliament for five...

GBP/CAD Exchange Rate Falls as No-Deal Brexit Fears Continue to Haunt UK Markets The Pound Canadian Dollar (GBP/CAD) exchange rate eased to around CA$1.651 today following Prime Minister Boris Johnson’s downplaying of a Brexit deal emerging over the course of the UN summit – in which he will meet various European leaders – this week....

Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat as BoE Warns against Further Brexit Uncertainty The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate was left muted and the pairing is currently trading at around CA$1.6559. On Thursday, the Bank of England (BoE) left interest rates on hold for the 13th month in a row. Sterling...

Pound Sterling raced higher on Friday, surging over 1% to strike a three-month high against the Canadian Dollar. © ExchangeRates.org.uk - GBP/CAD exchange rate chart This upswing in the Pound comes hot on the heels of a report in The Times suggesting the Democratic Unionist Party (DUP), a key ally of the government, would be...