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Pound Canadian Dollar Forecast Directory - Page #22

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

GBP to CAD Exchange Rate Tumbles as Fears of No-Deal Brexit Return

15 May 2019 at 4 PM - Written by Ben Hughes

Despite a lack of particularly supportive Canadian data in recent sessions, the British Pound to Canadian Dollar (GBP/CAD) exchange rate continues to tumble as Brexit uncertainties keep worsening while Canadian Dollar investors remain hopeful that the Bank of Canada (BoC) will avoid taking a dovish tone on monetary policy. While last...

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Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted as US-China Tensions Spark Global Growth Concerns

7 May 2019 at 4 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat as Oil Prices Slide The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of CA$1.7597. The Canadian Ivey Purchasing Managers Index rose to a higher-than-forecast 55.9 in April compared to 54.3 in...

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Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rises as BoC Downwardly Revises 2019 Growth Estimate

24 Apr 2019 at 3 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rallies as BoC Leaves Rates Unchanged The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate rose and the pairing is currently trading at an inter-bank rate of CA$1.7502. This afternoon the Bank of Canada (BoC) left interest rates unchanged at 1.75% for the fourth consecutive month....

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Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls as Canadian Inflation Edges Up

17 Apr 2019 at 2 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides as Canadian CPI Rises The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slipped and the pairing is currently trading at an inter-bank rate of CA$1.7349. Canadian annual inflation rose to 1.9% as forecast in March as rising rent and mortgage interest costs boosted headline...

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Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Flat despite Rise in Oil Prices

12 Apr 2019 at 1 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted as Oil Prices Rise The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained flat, and the pairing is currently trading at an inter-bank rate of CA$1.7482. On Friday, oil markets cemented their best run for more than three years, however the oil-sensitive ‘Loonie’ only...

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GBP to CAD Exchange Rates Slip from Best Conversions amid Brexit Jitters and Canadian Dollar Resilience

4 Apr 2019 at 3 PM - Written by Frank Davies

The Canadian Dollar has had broadly mixed movement in recent weeks, and as a result the British Pound to Canadian Dollar exchange rate has been especially volatile. Brexit uncertainty causes sharp movements, but as market demand for the Canadian Dollar is currently improving the pair may be in for losses unless upcoming Brexit news...

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GBP to CAD Exchange Rate Rebounds Following Last Week’s Plummet on Canadian Growth

1 Apr 2019 at 5 PM - Written by Ben Hughes

Last week saw a major plunge in the British Pound to Canadian Dollar (GBP/CAD) exchange rate, as mounting Brexit fears combined with a surge in demand for the Canadian Dollar left the pair nearer its worst levels since February. This week so far though, GBP/CAD has put in a fairly sturdy rebound as investors cool from last week’s...

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GBP to CAD Exchange Rate Rebounds amid Market Risk-Aversion despite Brexit Jitters

29 Mar 2019 at 12 PM - Written by Minesh Chaudhari

Despite market uncertainty over how the Brexit process will develop over the coming weeks, the British Pound to Canadian Dollar (GBP/CAD) exchange rate rebounded slightly from its worst weekly levels this morning thanks to weakness in rivals and some stronger than expected UK data. However, Sterling is still on track to fall this week amid...

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Pound Sterling Exchange Rates Recover as EU Grant Brexit Extension With Conditions

21 Mar 2019 at 3 PM - Written by John Cameron

Today the Bank of England (BoE) left interest rates unchanged, with a unanimous vote from all nine members choosing not to change rates. The minutes from the Monetary Policy Committee (MPC) meeting suggested that the next move of the bank largely depends on Brexit. The MPC said that the predictions in its inflation report were...

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GBP to Canadian Dollar Exchange Rate Steadies on Gloomy Canadian Economic Forecast

21 Mar 2019 at 2 PM - Written by John Cameron

The Pound Canadian Dollar (GBP/CAD) exchange rate is flat today and is currently trading around CA$1.7529 on the inter-bank market. The Canadian Dollar (CAD) is rangebound against the Pound (GBP) today despite the publication of the Canadian ADP employment change figures for February which improved at 36.2K against January’s 35.4K....

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