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Pound Canadian Dollar forecast page 2 - GBP CAD

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

LIVE EXCHANGE RATE 04:21:24 Pound Canadian Dollar Rate »
GBP/CAD +0 Days Low Days High Last Daily
1.70750 +0% 1.70750 1.70750 1.70750

GBP to CAD Exchange Rate Climbs as US Midterm Election Uncertainty Dents Loonie

6 Nov 2018 at 11 AM - Written by Tim Boyer

Despite analyst caution and disappointing UK data on Monday, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has advanced this week so far. Investors have been selling the relatively risky trade-correlated Canadian Dollar in anticipation of today’s anticipated US 2018 Mid-Term Elections. A hawkish monetary policy outlook for...

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GBP to CAD Exchange Rate Surges on Hopes for UK-EU Financial Services Deal

1 Nov 2018 at 4 PM - Written by Toni Johnson

Despite higher market demand for risky commodity-correlated currencies since November began, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has surged in reaction to Brexit reports and speculation. Sterling’s strength was limited by disappointing UK manufacturing data however. Since opening this week at the level of 1.6812,...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Rebounds from 3-Week-Low Following Wednesday Plunge

25 Oct 2018 at 12 PM - Written by Minesh Chaudhari

Following the Bank of Canada’s (BoC) October policy decision on Wednesday, the Canadian Dollar saw a surge in demand. While the British Pound to Canadian Dollar (GBP/CAD) exchange rate has recovered from Wednesday’s lowest level, it is still on track to see significant losses throughout the week. Since opening this week at the level of...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady ahead of Key PM’s Speech

15 Oct 2018 at 3 PM - Written by Toni Johnson

Last week opened with the Pound trading at a level of CA$1.6997 on Monday. At the end of the week, the GBP/CAD exchange rate closed down lower in the region of CA$1.7120. GBP/CAD Exchange Rate Steady on Mixed Brexit Forecasts The Pound (GBP) has traded in a narrow range against the Canadian Dollar (CAD) today, with contrasting opinions...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Gains Seen on UK GDP Growth

10 Oct 2018 at 12 PM - Written by Minesh Chaudhari

Tuesday opened with the Pound to Canadian Dollar exchange rate at a level of CA$1.6962; the pairing later closed daily trading at a higher level of CA$1.7021. This appreciation was brought on by lingering hopes for a Brexit deal being secured by the November deadline, despite a lack of recent progress in negotiations. GBP/CAD Exchange...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Dips but Remains Near Week’s Best Level

27 Sep 2018 at 1 PM - Written by James Fuller

On Wednesday, the Pound opened trading against the Canadian Dollar at an interbank exchange rate of CA$1.7076 and closed higher around CA$1.7172. This appreciation came on rising uncertainty among Canadian Dollar traders, who were worried about the impacts of what was then a predicted US Federal Reserve interest rate hike. Pound...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Strengthens on Surprise UK Retail Sales Growth

20 Sep 2018 at 10 AM - Written by Frank Davies

The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate picked up in the wake of August’s better-than-expected UK retail sales data this morning. Markets were caught off guard as sales excluding auto fuel accelerated 0.3% on the month, defying expectations of a contraction of -0.3%. An upward revision to July’s data added to...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Gains Ground in Spite of Uneventful BoE Policy Meeting

13 Sep 2018 at 3 PM - Written by Tim Boyer

An uneventful Bank of England (BoE) policy meeting had limited impact on the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate. As the Monetary Policy Committee (MPC) delivered a unanimous vote to leave interest rates on hold the Pound struggled to find any fresh momentum against its rivals. With rates looking set to remain on...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Soars as Canadian Unemployment Jumps

7 Sep 2018 at 2 PM - Written by John Cameron

The Pound Canadian Dollar (GBP/CAD) exchange rate is surging this afternoon, climbing over half a cent in the wage of Canada’s weak employment figures. Canadian Dollar (CAD) Slides Following Sharp Contraction in Employment The Canadian Dollar (CAD) is on the ropes this afternoon, falling sharply against the Pound (CAD) as markets...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Slides as Brexit Fears Weigh on Sterling

28 Aug 2018 at 5 PM - Written by Toni Johnson

Repeated Mentions of No-Deal Brexit Drag GBP/CAD Exchange Rate Down Today The Pound (GBP) has fallen by -0.5% against the Canadian Dollar (CAD) today, trading at a level of CA$1.6633 on the interbank exchange rate. This poor performance has been caused by ongoing and intensifying trader fears about a no-deal Brexit damaging the UK...

CATEGORIES: Pound Canadian Dollar Forecasts