Pound Canadian Dollar forecast page 6 - GBP CAD
A round up of the latest Pound Canadian Dollar forecast news items from the Currency News desk.
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GBP CAD Exchange Rate Advances Following Dovish BoC Meeting
7 Dec 2017 at 12 PM - Written by John Cameron
STORY LINK GBP CAD Exchange Rate Advances Following Dovish BoC Meeting
The Pound Canadian Dollar (GBP CAD) exchange rate struck a new weekly high this morning on the back of the Bank of Canada’s (BoC) latest policy meeting and Brexit optimism.
Canadian Dollar’s (CAD) Tumbles as BoC Appear Dovish towards Future Rate Hikes
The Canadian Dollar remains on the back foot this morning after plummeting...
CATEGORIES: Pound Canadian Dollar Forecasts
GBP to CAD Exchange Rate Recovers from Drops on Brexit Hopes
5 Dec 2017 at 5 PM - Written by Toni Johnson
STORY LINK GBP to CAD Exchange Rate Recovers from Drops on Brexit Hopes
Due to concerns about Brexit progress being blocked by Northern Ireland’s DUP, the British Pound to Canadian Dollar exchange rate briefly tumbled on Tuesday. Towards the end of the day Brexit concerns softened and the Pound recovered slightly.
After advancing slightly from 1.6946 to 1.7088 last week and having its strength limited by...
CATEGORIES: Pound Canadian Dollar Forecasts
GBP CAD Exchange Rate Skyrockets as UK Offers to Pay More for Brexit
29 Nov 2017 at 12 PM - Written by John Cameron
STORY LINK GBP CAD Exchange Rate Skyrockets as UK Offers to Pay More for Brexit
The Pound Canadian Dollar (GBP CAD) exchange rate surged close to a six-month high this morning following reports that the UK government would be willing to offer more in its divorce bill with the EU.
Pound (GBP) Surges as UK Offers €50bn in Brexit Bill
Sterling sentiment continued to soar this morning as markets welcomed reports that...
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 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