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Pound to Canadian Dollar Rate at 26-Week High, as BoC Likelier to Cut
Pound to Canadian Dollar Rate at 26-Week High, as BoC Likelier to Cut

The pound to Canadian dollar interbank exchange rate stands at 1.7162 today, its highest in over 26 weeks, or since May 17th 2019. In part, this is because the Bank of Canada now looks likelier to cut interest rates, below their current 1.75%.

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Pound to Canadian Dollar Rate at 21-Week High, as Tories Lead in Polls
Pound to Canadian Dollar Rate at 21-Week High, as Tories Lead in Polls

The pound to Canadian dollar interbank exchange rate has hit 1.7074 in the last day. This is its highest in over 21 weeks, or since June 3rd 2019. In part, this is because the opinion polls suggest that the Tories may win a majority, at the UK’s upcoming election.

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Pound to Canadian Dollar Rate Near 21-Week High, on Trudeau Vote
Pound to Canadian Dollar Rate Near 21-Week High, on Trudeau Vote

 The pound to Canadian dollar rate on the interbank market stands at 1.6989 today. just -0.36% its recent 21-week high. In part, this is because Justin Trudeau will return as Prime Minister, but with a minority administration.

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Pound to Canadian Dollar Near 7-Week High, on Brexit Developments
Pound to Canadian Dollar Near 7-Week High, on Brexit Developments

The pound to Canadian dollar interbank exchange rate has reached 1.6601 in the last day, just -0.08% below its recent seven-week high. In part, this is because the UK and the EU continue to make progress toward a Brexit deal, say the latest reports.

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Pound to Canadian Dollar Rate Gains, as UK Beats Forecasts
Pound to Canadian Dollar Rate Gains, as UK Beats Forecasts

The pound to Canadian dollar interbank exchange rate has risen by +1.12%, from a low of 1.6114 on Monday 9th to 1.6295 in the past day. In part, this is because UK economic data this week has consistently beat forecasts, including UK GDP, unemployment and earnings.

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Pound to Canadian Dollar at 3-Week High, on Trade War Fears
Pound to Canadian Dollar at 3-Week High, on Trade War Fears

The pound to Canadian dollar Interbank exchange rate edged up to 1.6216 on Tuesday; its highest reading since the 29th of July. This represents a 2.6% rise from the post-2017 low of 1.5885 seen on the 9th of August. 

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Pound to Canadian Dollar Rate at 1-Week High, on UK Sales
Pound to Canadian Dollar Rate at 1-Week High, on UK Sales

The pound to Canadian dollar interbank exchange rate stands at 1.6117 today, its highest point in one week, or since August 8th. In part, this is because MPs are preparing to stop the government forcing through a ‘No Deal’ Brexit.

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Pound to Canadian Dollar Rate Rises, as BoC Cut Likelier
Pound to Canadian Dollar Rate Rises, as BoC Cut Likelier

The pound to Canadian dollar interbank exchange rate has hit its highest in close to 2 weeks today, or since April 4th, at 1.7539. In part, this is because the Bank of Canada now looks likelier to cut interest rates, and because oil prices have fallen.

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Pound to Canadian Dollar Rate Nears 6-Week Low, as Oil Rises
Pound to Canadian Dollar Rate Nears 6-Week Low, as Oil Rises

The pound to Canadian dollar interbank exchange rate stands at 1.7367 this morning, just 0.01% above its lowest in 6 weeks, or since February 26th. In part, this is because the price of oil, Canada's biggest export, has risen.

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Pound to Canadian Dollar Rate at 5-Week Low, as Canada Grows
Pound to Canadian Dollar Rate at 5-Week Low, as Canada Grows

The pound to Canadian dollar interbank exchange rate has fallen as low as 1.7341 today, its weakest since February 26th, or 5 weeks. In part, this is because of the UK's continuing Brexit deadline. 

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