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Pound Canadian Dollar Forecast Directory - Page #29

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

GBP CAD Exchange Rate Falters as UK Borrowing Figures Put Pressure on Budget Announcement

21 Nov 2017 at 1 PM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Falters as UK Borrowing Figures Put Pressure on Budget Announcement

Some of the wind went out of the Pound Canadian Dollar exchange rate’s sails in the wake of a disappointing UK public sector net borrowing figure. Markets were not impressed to find that the UK’s monthly deficit had risen to 8 billion in October, defying expectations of a slight improvement on the month. This larger figure puts...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Slumps Sharply as US Banks Signal Brexit Concerns

8 Nov 2017 at 11 AM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Slumps Sharply as US Banks Signal Brexit Concerns

Confidence in the Pound diminished sharply in the wake of reports that the major US banks are moving closer to implementing their hard Brexit contingency plans. With jobs looking set to be relocated from London back to the US and other European capitals this does not bode well for the UK outlook. Unless the government can secure a...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Holds Near Four-Month-High after Poor Canadian Growth Stats

1 Nov 2017 at 2 PM - Written by Minesh Chaudhari

STORY LINK GBP to CAD Exchange Rate Holds Near Four-Month-High after Poor Canadian Growth Stats

Market hopes for developments in the Brexit process, as well as underwhelming Canadian ecostats, have left the British Pound to Canadian Dollar exchange rate easily advancing this week. The pair could climb higher depending on Thursday’s Bank of England (BoE) decision too. Sterling’s recovery has continued this week, as GBP/CAD opened...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

31 Oct 2017 at 3 PM - Written by Toni Johnson

STORY LINK Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

On Monday, the Pound made a day-long advance against the Canadian Dollar. GBP opened trading in the region of 1.6853, later closing higher at a rate of 1.6946. This was brought on by high hopes of a Bank of England (BoE) interest rate hike this week, a sentiment that has been prevailing even today. Pound Surges after EU’s Barnier...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Shrugs Off Rising Oil Prices Ahead of BoE Rate Decision

30 Oct 2017 at 1 PM - Written by David Woodsmith

STORY LINK GBP CAD Shrugs Off Rising Oil Prices Ahead of BoE Rate Decision

While oil prices remained on a bullish trend at the start of the week this was not enough to knock the Pound Canadian Dollar exchange rate off its uptrend. Even with Brent crude trending above the psychologically important US$60 per barrel mark a general sense of market risk aversion kept the Canadian Dollar on a weaker...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Skyrockets as UK GDP Shows Unexpected Growth

25 Oct 2017 at 4 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Skyrockets as UK GDP Shows Unexpected Growth

The Pound Canadian Dollar (GBP CAD) exchange rate surged close to a four-month high today following an unexpected uptick in the UK’s GDP figures in third quarter. Pound (GBP) Surges as GDP Beats Expectations Sterling sentiment shot higher earlier this morning as data showed that the UK economy grew faster than expected during the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Slides as Consumer Credit Set to Tighten

12 Oct 2017 at 3 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Slides as Consumer Credit Set to Tighten

12/10/17 PM Update- The Pound nosedived against the Canadian Dollar in afternoon trade today as the fifth round of Brexit talks close with the EU's chief negotiator Michel Barnier claiming that the two sides were in deadlock over the UK’s divorce bill. While suggesting that there was ‘new momentum’ and progress being made in other...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

10 Oct 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

Signs that the oil market may finally be rebalancing have not caused a notable shift in Canadian Dollar movement, as the British Pound to Canadian Dollar exchange rate has held most of yesterday’s gains due to rising hopes for tighter Bank of England (BoE) policy. Due to BoE hopes and cooling political jitters, the GBP/CAD exchange rate...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Slides as Construction in the UK Contracts

3 Oct 2017 at 3 PM - Written by John Cameron

STORY LINK GBP CAD Slides as Construction in the UK Contracts

The Pound Canadian Dollar exchange rate stumbled today as markets reacted to a disappointing UK Markit construction PMI and revelations from the current Conservative Party Conference in Manchester. UK Construction Contracts for the First Time in Over a Year – GBP Devalued Britain’s construction sector contracted for the first time...

CATEGORIES: Currency Predictions Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Slumps over Concerns for UK Manufacturing Sector

2 Oct 2017 at 2 PM - Written by John Cameron

STORY LINK GBP CAD Exchange Rate Slumps over Concerns for UK Manufacturing Sector

The Pound Canadian Dollar (GBP CAD) exchange rate slipped at the start of this week’s session as markets grew increasingly concerned over the state of the UK’s manufacturing sector. Pound (GBP) Tumbles as Manufacturing PMI Misses Sterling sentiment took a hit this morning as a disappointing Manufacturing PMI and bleak report about...

CATEGORIES: Pound Canadian Dollar Forecasts

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