Canadian Dollar News Directory

The Pound-to-Canadian Dollar rate was unchanged for the week on Friday after stepping back from the edge of an abyss but could attempt to edge higher still over the coming days amid a possibly constructive turn in trade negotiations with the EU. 

September 28,2020

The Pound-to-Canadian Dollar rate advanced Thursday as Sterling outperformed all rivals including resurgent U.S. and Canadian Dollars that were otherwise the better performers among major currencies, but whether this price action truly marks a turning point for the Pound remains to be seen.

September 24,2020

The Pound-to-Canadian Dollar rate saw its steepest decline in a fortnight Tuesday after Sterling’s losses were exacerbated by the Loonie’s outperformance, but the Pound could set a new 2020 low in the coming days if some analysts are right about the outlook for the British currency. 

September 23,2020

The Pound-to-Canadian Dollar rate recovered nearly half its earlier Brexit-inspired losses last week but Sterling could risk a reversal over the coming days if the government continues to threaten a new ‘lockdown’ and progress toward a Brexit trade agreement remains lacking.   

September 20,2020

The Canadian Dollar underperformed on Friday, enabling GBP/CAD to rise although some analysts see the Loonie recovering before long which would risk sapping the wind from Sterling’s sails, especially if a Brexit breakthrough remains elusive and coronavirus restrictions continue to be tightened. 

September 18,2020

The outlook for the Canadian Dollar is by all accounts not a stellar one according to the latest currency research briefing from Wall Street bank J.P. Morgan, however there is some tactical upside for the Canadian currency against the European duo of the Pound and Euro.

September 16,2020