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Pound Canadian Dollar forecast page 4 - GBP CAD

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

LIVE EXCHANGE RATE 11:15:14 Pound Canadian Dollar Rate »
GBP/CAD +0.01 Days Low Days High Last Daily
1.67704 +0.34% 1.67022 1.67901 1.67140

Weekly GBP/CAD Exchange Rate Forecast: Are Pound Losses ahead on UK Inflation Acceleration?

13 Apr 2018 at 3 PM - Written by Ben Hughes

On Thursday, the Pound to Canadian Dollar exchange rate opened in the region of 1.8002 on Monday but later closed down lower around 1.7950 on Friday. This slight GBP/CAD decline could worsen in the week ahead, if UK economic data shows tougher conditions for consumers. Last Week’s GBP/CAD Losses Triggered by Slowing UK Productivity...

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Pound to Canadian Dollar Exchange Rate Drops One Year ahead of Brexit Transition

29 Mar 2018 at 2 PM - Written by James Fuller

Over the course of Wednesday’s trading session, the Pound to Canadian Dollar exchange rate saw a gradual decline from an opening level of 1.8255 to later close around 1.8189. The only major UK data out on 28th March was a Confederation of British Industry (CBI) distributive trades reading, which showed a much greater decline in March...

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GBP to CAD Exchange Rate Sheds Gains as Hopes Rise for NAFTA Deal

21 Mar 2018 at 5 PM - Written by Ben Hughes

Despite Brexit hopes and strong UK data boosting Sterling against most major currency rivals, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has shed its weekly gains and trended lower on Wednesday amid rising hopes that the North American Free Trade Agreement (NAFTA) could be successfully renegotiated. After seeing major...

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GBP to CAD Exchange Rate Gains Limited as Brexit Uncertainties Remain

26 Feb 2018 at 3 PM - Written by James Fuller

While a speech from UK Labour Party Leader Jeremy Corbyn boosted ‘soft Brexit’ hopes on Monday morning, the British Pound to Canadian Dollar (GBP/CAD) exchange rate’s gains were limited as the UK government showed no signs of being pressured by the Labour Party’s stance on EU customs unions. ‘Soft Brexit’ hopes and Bank of...

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GBP CAD Exchange Rate Surges Higher After BoE Sounds Hawkish Note

8 Feb 2018 at 2 PM - Written by Frank Davies

In the immediate aftermath of the Bank of England’s (BoE) rate decision the Pound Canadian Dollar (GBP CAD) exchange rate surged higher as market sentiment turned bullish. Demand for the Pound picked up significantly on the back of the BoE’s meeting minutes, which proved to be slightly more hawkish in nature than anticipated. Even...

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Fluctuates on Brexit Turbulence and Crude Oil Fall

6 Feb 2018 at 5 PM - Written by John Cameron

Brexit Turbulence Prompts Volatility in the GBP/CAD Exchange Rate The Pound Canadian Dollar (GBP/CAD) exchange rate fluctuated on Tuesday, rising initially in reaction to a drop in crude oil prices but falling later into the day as markets reacted to ongoing issues in the Brexit negotiation process. In respect to the latter, Sterling...

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GBP/CAD Exchange Rate Tight after UK Retail Sales Slump

19 Jan 2018 at 1 PM - Written by David Woodsmith

On Thursday’s trading session, the Pound saw a small advance against the Canadian Dollar. The GBP/CAD pairing opened trading in the region of 1.7205, later rising to 1.7243 by the evening. With little direct economic news to refer to, GBP traders were primarily focused on recent speeches from Bank of England (BoE) policymakers Michael...

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Pound to Canadian Dollar Exchange Rate Ticks Higher after UK Services Sector Growth

4 Jan 2018 at 1 PM - Written by James Fuller

On 3rd January, the Pound to Canadian Dollar exchange rate made a marginal decline over the course of trading. The GBP/CAD exchange rate opened trading in the area of 1.6997, but later fell to close at 1.6952. Services Sector Growth Triggers Pound to Canadian Dollar Exchange Rate Rise A better-than-expected printing for the UK...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Advances Despite Slower UK Manufacturing PMI

2 Jan 2018 at 1 PM - Written by Ben Hughes

Despite Britain’s latest manufacturing data from Markit coming in lower than expected, the British Pound to Canadian Dollar exchange rate tested gains on Tuesday and trended above the week’s opening levels. The Canadian Dollar was weighed by expectations that prices of oil, Canada’s most lucrative commodity, would soon weaken. Due to...

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GBP CAD Exchange Rate Recovers Ground After Mixed Canadian Data

22 Dec 2017 at 2 PM - Written by Frank Davies

An upwards revision to the finalised third quarter UK gross domestic product failed to lift the Pound Canadian Dollar exchange rate ahead of the weekend. While the headline figure was positive, rising from 1.5% to 1.7%, this was overshadowed by more disappointing details within the report. Investors were particularly discouraged by the...

CATEGORIES: Pound Canadian Dollar Forecasts