Substantial Downgrades to CAD Forecasts Announced at Deutsche Bank-May 2024-www.financetom.com

Canadian dollar (CAD) vs Pound Sterling (GBP): 1.80 Now Forecasted

Mar 22, 2024

The pound sterling continues to advance against the Canadian dollar with the exchange rate now at levels last seen back in 2009.The pound sterling to Canadian dollar exchange rate (GBP/CAD) continues to head higher; at 14:44 in London we see the rate 0.42 pct higher at 1.7879. (Note: Our GBP/CAD...

Canadian dollar to sink further, Pound Sterling unable to extend gains in GBP/CAD

Mar 22, 2024

The CAD suffered both from weak Canadian economic data delivered on Friday; today we hear that the outlook remains challenging.In early afternoon in London we see the Canadian dollar remains under pressure against the majority of currencies, but GBP/CAD is struggling somewhat: The pound sterling to Canadian dollar exchange rate...

Canadian dollar to pound sterling: GBP/CAD recovers as Canada steals the limelight for poor data releases this Friday

Mar 22, 2024

By Gary Howes It looked as though the Canadian dollar was due a relief rally against the British pound on Friday morning after a poor UK data release. However, Canada then outshone the UK after releasing a surprisingly bad employment figure.In early afternoon trade we see the pound sterling to...

Canadian Dollar Forecasts Lowered at UBS, Pound Sterling Back in the Groove

Mar 22, 2024

By Will Peters The Canadian Dollar (CAD) is under fresh pressure on Tuesday morning with a slew of forecasters predicting the currency is to suffer yet further losses.A look at the currency market place in early afternoon London time shows: The pound sterling to Canadian dollar (GBP/CAD) exchange rate is...