Canadian Dollar Weakness as US China Trade Talks Deadline Looms
The pound to Canadian dollar exchange rate continues to find support with rates hovering below 1.72 for the GBP/CAD pair. The Canadian dollar has come under some pressure of late due to continued concerns over the health of the global economy. As the Canadian dollar is a commodity currency it becomes susceptible to shocks to the global system.
Canadian Dollar weakness due to US / Chine trade talks
Rumours had been circulating that a meeting between President Donald Trump and Chinese leader Xi Jinping might take...
Pound to Canadian Dollar exchange rate forecast: Will GBP/CAD rates fall further?
Strong Canadian Dollar vs weak British Pound causing steady decline in GBP/CAD rates
The pound to Canadian dollar exchange rate has been on a steady decline since the start of May, when it became apparent Theresa May would be resigning and a more no-deal Brexit supporting PM might take charge. Sterling has been losing ground regularly against most currencies as no-deal Brexit prospects increase, as investors fear the worst ahead.
The Canadian dollar has been stronger too as the price of Oil rises, and also the...