Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
The Pound-to-Canadian Dollar rate was near the top of its recent range on Tuesday but would struggle to extend above it ahead of Canada's latest employment report due out on Friday, which could impact market expectations for this month's Bank of Canada (BoC) monetary policy decision.
April 6,2021
The Canadian Dollar outperformed other major currencies on Wednesday and remained leader of the pack for 2021 after Statistics Canada data showed the economy gaining momentum in January despite a second wave of coronavirus infections and associated restrictions on activity.
March 31,2021
Month-end flows in the foreign exchange market explain unexplained and notable moves in exchange rates at the end of every month.
March 31,2021
The Canadian Dollar is forecast to continue its "solid performance" according to analysis from MUFG, the global financial services provider and investment bank.
March 30,2021
The Pound-to-Canadian Dollar exchange rate recovered off three-month lows to rise above its breakeven point for 2021 on Monday but with the Loonie poised to enjoy its own period of outperformance in the coming weeks, GBP/CAD upside may be limited over the coming days.
March 29,2021
The Canadian Dollar has overthrown Sterling as the best performing major currency of the year but with the Bank of Canada’s (BoC) policy set to evolve in a favourable direction sooner than elsewhere the Loonie is now a leading contender for a sustained period of outperformance.
March 26,2021
The Pound-to-Canadian Dollar rate was on its front foot early in the new week amid weakness in 'high beta' currencies but it could meet resistance at nearby levels and would be at risk of slipping back to early January lows over the coming days and weeks if the Loonie resumes its outperformance.
March 22,2021
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