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Pound Canadian Dollar forecast page 7 - GBP CAD

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

LIVE EXCHANGE RATE 00:11:14 Pound Canadian Dollar Rate »
GBP/CAD -0.01 Days Low Days High Last Daily
1.69484 ▼ -0.58% 1.69129 1.70601 1.70470

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

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

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

STORY LINK GBP CAD Exchange Rate Strengthens on Surprise UK Retail Sales Growth

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

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

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

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

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

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

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

Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Weakens on No-Deal Brexit Papers

23 Aug 2018 at 5 PM - Written by Toni Johnson

STORY LINK Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Weakens on No-Deal Brexit Papers

Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Drops by -0.3% on Brexit Emergency Plans The Pound (GBP) has made a moderate loss against the Canadian Dollar (CAD) today, dropping by -0.3% in the pairing. This deterioration has been caused by the latest Brexit development, which has consisted of the government releasing some...

CATEGORIES: Pound Canadian Dollar Forecasts

Limited UK Economic Data Pushes GBP/CAD (Pound to Canadian Dollar) Exchange Rate Higher

20 Aug 2018 at 1 PM - Written by Tim Boyer

STORY LINK Limited UK Economic Data Pushes GBP/CAD (Pound to Canadian Dollar) Exchange Rate Higher

Last week, the Pound (GBP) opened trading against the Canadian Dollar (CAD) at a level of CA$1.6776 on Monday. Pound Sterling quickly fell in the pairing to a low of CA$1.6597, which was the lowest exchange rate since October 2017. While it didn’t put the Pound back up to its best exchange rate of the week, Sterling later staged a...

CATEGORIES: Pound Canadian Dollar Forecasts

Growing Fears over ?No-Deal? Brexit Drag Pound to Canadian Dollar (GBP/CAD) Exchange Rate Down

6 Aug 2018 at 5 PM - Written by Toni Johnson

STORY LINK Growing Fears over ?No-Deal? Brexit Drag Pound to Canadian Dollar (GBP/CAD) Exchange Rate Down

Last week saw the Pound to Canadian Dollar exchange rate open in the region of CA$1.7128 on Monday and close down lower at a level of CA$1.6899 on Friday. This steady deterioration of the GBP/CAD exchange rate was down to the aftermath of a Bank of England (BoE) interest rate decision. As expected, BoE policymakers historically approved...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Struggles to Advance Ahead of Bank of England (BoE) Decision

1 Aug 2018 at 4 PM - Written by Ben Hughes

STORY LINK GBP to CAD Exchange Rate Struggles to Advance Ahead of Bank of England (BoE) Decision

Wednesday’s data was unable to give investors a reason to buy the British Pound to Canadian Dollar (GBP/CAD) exchange rate, so despite market anticipation for the Bank of England (BoE) decision on Thursday the pair has continued to trend below the week’s opening levels, partially thanks to strong Canadian data on Tuesday. Various...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Struggles to Sustain Gains as NAFTA Hopes Rise

25 Jul 2018 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP to CAD Exchange Rate Struggles to Sustain Gains as NAFTA Hopes Rise

This week’s news that the UK Cabinet Office will be taking control of UK-EU Brexit negotiations from now on left the Pound most appealing and the British Pound to Canadian Dollar (GBP/CAD) exchange rate has climbed slightly as a result. However, the pair’s movement remains tight and the Canadian Dollar has found its own support in the...

CATEGORIES: Pound Canadian Dollar Forecasts

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