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Pound Canadian Dollar Exchange Rate Steady as Canadian Retail Sales Fall in April

Pound Canadian Dollar Exchange Rate Steady as Canadian Retail Sales Fall in April
currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls as Rising Oil Prices Boost 'Loonie'

Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls as Rising Oil Prices Boost ‘Loonie’ | Currency News UK ....

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Canadian Ivey PMI Beats Forecasts

April 8, 2021 - Written by John Cameron
GBP/CAD Exchange Rate Falls as Outlook for Canadian Economy Improves
The Pound Canadian Dollar (GBP/CAD) exchange rate fell today following a surge in the latest Canadian Ivey PMI data for March, which beat forecasts and rose to 72.9. The pairing is currently fluctuating around CA$1.73.
The Canadian Dollar (CAD) has benefited from the Ivey PMI jumping to a 10-year high as this indicates a rebounding economy.
Analysts at Reuters commented on the data:
‘The seasonally adjusted index rose to 72.9 from 60.0 in February, surpassing analysts’ expectations for 60.5. It was the highest level for the index since March 2011 and the second highest since the PMI was launched in 2000.’ ....

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Steady as UK's Search for Brazilian Coronavirus Variant Continues

March 2, 2021 - Written by John Cameron
GBP/CAD Exchange Rate Rangebound as UK House Prices Rise in February
The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today as the search for the UK’s missing Brazilian Covid-19 variant is narrowed down to the south-east. The pairing is currently fluctuating around CA$1.76.
As a result, Sterling investors are remaining cautious as the Brazilian variant could cause a problem for the effectiveness of the UK’s Covid-19 vaccination further down the line.
According to researchers, the original variant was found in Manaus Brazil and can evade 25% to 61% of the protection of people living in the Amazonian city. ....

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Sinks as UK Economic Jitters Return

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Sinks as UK Economic Jitters Return
currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.

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