The Pound to Canadian Dollar rate reached its lowest level since April 2013 this week but could be at risk of falling as far as 1.50 in the weeks and months ahead without a meaningful improvement i…
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CAD is forecast to fall against the Pound from year-end through to the third quarter of 2023 as the economy enters recession, according to Desjardins Bank.
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"It is difficult to see the light in the tunnel for GBP," says Swedbank.
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Economists at NBC have updated clients with their latest Canadian Dollar forecasts.
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The Pound to Canadian Dollar exchange rate rallied from August lows to open the new week but could climb further up ahead and as far as a short distance above the 1.58 handle if the Loonie builds o…
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The Canadian Dollar was one of the biggest losers of the midweek release of softer-than-forecast U.S. inflation data.
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The near-term outlook for the Canadian Dollar is "skewed to the downside" according to foreign exchange analysts at Barclays.
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