Pound Canadian Dollar forecast page 19 - GBP CAD

GBP/CAD Exchange Rate Flat as US-China Trade Tensions Ease The Pound Canadian Dollar (GBP/CAD) exchange rate held steady at CA$1.625 today despite rising oil prices boosting confidence in the oil-reliant Canadian economy. This follows an increase in US crude oil futures which rose by 0.4% at $57.63 a barrel. The Canadian Dollar has also...

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides on Optimistic BoC The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped and the pairing is currently trading at an inter-bank rate of CA$1.6250. A day after the Bank of Canada (BoC) left its rates unchanged, Deputy Governor Lawrence Schembri said the Canadian economy was...

GBP/CAD Exchange Rate US-China Trade Deadlock Weighs on ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate steadied at around CA$1.608, with Canadian markets becoming concerned over the possibility that the Bank of Canada (BoC) could cut rates tomorrow. Francesco Pesole, a Financial Strategist at ING, commented: ‘[W]e...

Despite uncertainty over the sort of stance the Bank of Canada (BoC) will take at its September policy decision next week, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has failed to hold much of a recovery. The Canadian Dollar is benefitting from global risk-sentiment, as well as speculation that the BoC will have little...

GBP/CAD Exchange Rate Sinks as Boris Johnson Remains Confident on UK-EU Talk Breakthrough The Pound Canadian Dollar (GBP/CAD) exchange rate eased today, leaving the pairing fluctuating around CA£1.607 as no-deal Brexit fears continue to provide downward pressure on Sterling. Meanwhile, Prime Minister Boris Johnson has said that he is...

Despite no-deal Brexit fears still weighing heavily on the Pound outlook, the British Pound to Canadian Dollar (GBP/CAD) exchange rate is climbing again today. The Pound’s appeal has been bolstered by an unexpected rise in UK inflation and Bank of England speculation, making it easier for the British currency to gain against a trade-war...

GBP/CAD Exchange Rate Edges Higher as Oil Fears Dampen Market Confidence in ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.4% today, leaving the pairing fluctuating around CA$1.613. The Canadian Dollar (CAD) fell against many of its competitors today as global trade tensions between the US and China have left...

The Canadian Dollar’s strong streak may be set to continue, as this week’s Canadian data has shown modest resilience and has played a part in keeping the British Pound to Canadian Dollar (GBP/CAD) exchange rate near its worst levels in over a year. The primary cause of losses has been no-deal Brexit fears hitting the Pound...

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted despite Canadian Earnings Rising at Fastest Rate in 15-Months The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained flat and the pairing is currently trading at an inter-bank rate of CA$1.6395. On Thursday afternoon data revealed that Canada’s average weekly earnings...

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted despite Rise in Oil Prices The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of CA$1.6355. On Friday oil prices rose as tensions in the Middle East increased as reports revealed that a US Navy vessel...