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Pound Canadian Dollar forecast page 8 - GBP CAD

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

LIVE EXCHANGE RATE 18:00:43 Pound Canadian Dollar Rate »
GBP/CAD -0.01 Days Low Days High Last Daily
1.73255 -0.35% 1.73184 1.73876 1.73866

Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

31 Oct 2017 at 3 PM - Written by Toni Johnson

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...

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

30 Oct 2017 at 1 PM - Written by David Woodsmith

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...

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GBP CAD Exchange Rate Skyrockets as UK GDP Shows Unexpected Growth

25 Oct 2017 at 4 PM - Written by John Cameron

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...

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GBP CAD Exchange Rate Slides as Consumer Credit Set to Tighten

12 Oct 2017 at 3 PM - Written by John Cameron

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...

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GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

10 Oct 2017 at 3 PM - Written by Toni Johnson

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...

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GBP CAD Slides as Construction in the UK Contracts

3 Oct 2017 at 3 PM - Written by John Cameron

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

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...

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GBP CAD Exchange Rate Flat as Traders Examine UK?s Economic Future

28 Sep 2017 at 2 PM - Written by Ben Hughes

On Wednesday’s trading session, the Pound rose against the Canadian Dollar from an opening rate of 1.6622 to close at 1.6730. Pound Trades Tightly after BoE Governor Warns of Limited Powers The Pound has failed to really pick up against the Canadian Dollar today, owing to continuing concerns about Bank of England (BoE) policy and the...

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GBP CAD Climbs Following Poor Canadian Inflation Print

25 Sep 2017 at 3 PM - Written by Toni Johnson

The Pound to Canadian Dollar exchange rate soared on Monday as markets continued to digest last week’s disappointing Canadian inflation figures and this week’s tenuous win for Angela Merkel. Canadian Data Disappoints, GBP CAD Capitalises Last week’s Canadian data prints proved somewhat disappointing for investors as the core...

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GBP CAD Exchange Rate Stable in Wake of Fed Policy Meeting

21 Sep 2017 at 1 PM - Written by John Cameron

The Pound Canadian Dollar (GBP CAD) exchange rate is trading in a narrow range this morning in the wake of a key monetary policy decision by the Federal Reserve. Canadian Dollar (CAD) Struggles to Advance following Fed Announcement The Canadian Dollar is struggling to advance in today’s session largely due to the strength of the US...

CATEGORIES: Pound Canadian Dollar Forecasts