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Currency News - CAD

GBP/CAD Exchange Rate Rocked by Ongoing Brexit Uncertainty

Written by Alastair Archbold on Monday, April 8, 2019. Currency News - Sterling / CAD

Last week’s high: C$1.7610 Last week’s low: C$1.7340   Pound Rocked by Brexit Uncertainties Brexit continued to cast a long shadow over the Pound to Canadian Dollar exchange rate last week, with heightened uncertainty driving further volatility in the pairing. This initially saw Sterling spike in the first half of the week after Theresa May…(read more)

GBP/CAD Falls as May’s Brexit Deal is Rejected for Third Time

Written by Alastair Archbold on Monday, April 1, 2019. Currency News - Sterling / CAD

Last week’s high: $1.7784 Last week’s low: $1.7451   Canadian Dollar Rises as Brexit Gloom Weighs on Pound The Pound Canadian Dollar exchange rate fluctuated wildly last week as Brexit took several turns, with MPs rejecting all eight ‘indicative votes’ while Prime Minister Theresa May’s deal was split in two. The first half of the…(read more)

GBP/CAD Exchange Rate Rises as UK PM Granted Brexit Extension

Written by James Spurway on Monday, March 25, 2019. Currency News - Sterling / CAD

Last week’s high: CA$1.7741 Last week’s low:  CA$1.7438 Canadian Dollar Slumps as Retail Sales Slip for Third Consecutive Month The Pound (GBP) rose against the Canadian Dollar (CAD) on Tuesday as UK unemployment hit a new 44-year low of 3.9%. Data also showed that UK wages were growing at their fastest pace in a decade,…(read more)

GBP/CAD Closes Higher after Week of Brexit Drama

Written by Alastair Archbold on Monday, March 18, 2019. Currency News - Sterling / CAD

Last week’s high: $1.7748 Last week’s low: $1.7387   Canadian Dollar Suffers against Resurgent Pound The Pound Canadian Dollar exchange rate was volatile last week due to a series of important votes on Brexit. This concluded with a request for a delay to the Brexit process, and a third vote on Prime Minister Theresa May’s…(read more)

GBP/CAD Rises after Trudeau Trouble and Shock Canadian GDP Figures

Written by Alastair Archbold on Monday, March 4, 2019. Currency News - Sterling / CAD

Last week’s high: $1.7546 Last week’s low: $1.7130   Canadian Dollar Struggles as Justin Trudeau Faces Political Scandal The Pound Canadian Dollar exchange rate gained this week on Brexit optimism following Prime Minister Theresa May’s concessions on providing MPs with powers to extend Article 50. The first half of the session was bolstered by May’s…(read more)

GBP/CAD Exchange Rate Regains Losses on UK Retail Sales Boost

Written by Alastair Archbold on Monday, February 18, 2019. Currency News - Sterling / CAD

Last week’s high: CA$1.7192 Last week’s low:  CA$1.6980   Canadian Dollar Rises on Lowered Global Risk Sentiment Last week saw the Pound Canadian Dollar (GBP/CAD) exchange rate slide, with data showing that UK GDP had hit a six-year low, expanding by only 1.4%. US-China trade discussions in Beijing began, with the ‘Loonie’ gaining support from…(read more)

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