Pound to Canadian Dollar exchange rate Global trade tensions and Brexit to drive GBPCAD rates

CAD continuing to lose value

This slide on CAD has become surprisingly sustained. Previous slides on the oil prices normally saw CAD's value stabilise within one or two business days. This 3 day loss which has seen GBP/CAD for example rise by over 4 cents as the Canadian Dollar weakens has instead set a new precedent. I must also point out that during December you do tend to get more exaggerated movements on the markets as trading thins in the run-up to the holidays. Large and isolated transactions can move...
Will the GBP Recover Against the EUR?

Potential for further falls for CAD? (Daniel Johnson)

Trump threatens to dismantle NAFTA agreement Donald Trump has stated he feels the North American Trade Agreement (NAFTA) is nowhere near as beneficial to the US as it should. Renegotiations began on 16th August and hopes were to have them concluded by the end of the year. It now looks as though talks could continue to Spring. The consequences of the trade deal should not be underestimated. NAFTA is the worlds largest free trade deal and Mexico and Canada's GDP could take a serious hit...
Canadian Dollar Forecast: CAD Continues to Suffer from Pandemic Woes

Will GBPCAD break 1.80 this week?

The pound to Canadian dollar exchange rate has seen a big twist and turn lately as the market struggles to price into expectations the changes in sentiment towards both the Canadian dollar and the pound. The Canadian dollar has risen as investors feel a stronger and higher price of oil will boost the Canadian economy in the longer-term. The pound has also struggled as investors step back from the high expectations that have been placed into the market relating to interest rates. The general belief...