04 June 2020 Pound-to-Canadian Dollar Rate Facing Long Stretch below 1.70, Forecasts Show

The Pound-to-Canadian Dollar rate is facing a lengthy stretch below the 1.70 handle according to BMO Capital Markets forecasts, suggesting that any improvements seen over the coming weeks could be …

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03 June 2020 Canadian Dollar Appreciates after Bank of Canada says Economy has Avoided Worst-Case Scenario

The Canadian Dollar advanced against the Pound, U.S. Dollar and Euro follow the Bank of Canada's June policy meeting where they said the economy had avoided its "most severe scenario" predictions m…

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03 June 2020 Pound-Canadian Dollar Rate and Today's Bank of Canada Announcement: What to Expect

What will be key for CAD is what tone Tiff Macklem and his team strike with regards to the current state of the Canadian economy and the outlook: an upbeat tone could trigger a 0.25% rally in the c…

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31 May 2020 Pound-to-Canadian Dollar Week Ahead: Supported as UK Reopens but CAD Strength, Brexit Talks Loom

The Pound-to-Canadian Dollar rate might receive a bid early in the new week but Brexit headwinds and the relative appeal of the Loonie could weigh on the exchange rate as the days draw on, leading …

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28 May 2020 Pound-to-Canadian Dollar Rate Breaks Down and Eyes Lower Levels as Brexit Haunts Sterling Again 

The Pound-to-Canadian Dollar rate was licking wounds near to its March crisis-period lows on Thursday but its recovery potential is limited at best, analyst forecasts suggest, while the prospective…

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26 May 2020 Canadian Dollar Moves Up in World and Sterling Down as GBP/CAD Rate Rises in Risk-on Rally 

The Pound-to-Canadian Dollar rate rose Tuesday amid a strong rally in risk assets from stock markets to commodities, an unusual pattern of price action that suggests Sterling's star might've faded …

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24 May 2020 Pound-to-Canadian Dollar Week Ahead: Loonie Shows Resilience as Homegrown Risks Dog Sterling

The Pound-to-Canadian Dollar rate extended its 'sell in May and go away' retreat last week which took it back to the bottom of a multi-month range, although it faces the risk of further losses in t…

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