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 was higher against a faltering Canadian Dollar Tuesday as the British currency stabilised and the Loonie ceded further ground to rivals, but analysts at Scotiabank have warned clients that such gains will not last for long, arguing the technical outlook for the pair is still 'bearish'.
May 28,2019
Sterling has declined in a long move lower against the Canadian Dollar during May, and although it rebounded at the end of last week, the dominant downtrend remains intact.
May 27,2019
Pound Sterling succumbed further to the overtures of a resurgent Loonie Thursday after March retail sales figures cheered the Canadian economy and as a Brexit-related crisis continued to brew in Westminster, threatening new lows for the Pound-to-Canadian-Dollar rate.
May 23,2019
The Pound is locked in a steady downtrend against the Canadian Dollar but markets will be watching a key support level to put an end to the run lower temporarily.
May 20,2019
The Pound-to-Canadian-Dollar rate plumbed fresh lows Friday and the Loonie bucked a global trend by besting the U.S. greenback after the White House lifted tariffs on imports of Canadian steel and aluminium, amid a return of 'no deal' Brexit risk.
May 17,2019
The Canadian Dollar gained a shot in the arm on Thursday after positive trade news helped offset marginally disappointing inflation data, giving the currency a boost which helped it to extend its rally against the weaker Pound.
May 16,2019
The Canadian Dollar was on the defensive Wednesday after official data showed domestic inflation pressures weakening and as fears for the global growth outlook mounted further, but Morgan Stanley says there are brighter days ahead for the currency.
May 15,2019
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