📈 Exchange Rate Anxiety: Horizon Currency's money transfer specialists are on hand to deal with questions. Send Your Question Now.
📈 Exchange Rate Anxiety: Horizon Currency's money transfer specialists are on hand to deal with questions. Send Your Question Now.
The Pound-to-Canadian Dollar exchange rate was little changed in the penultimate session of the week having drawn a line under a hat-trick of earlier losses around the 1.73 handle, but any pending recovery could prove difficult for Sterling to sustain as the September month unfolds.
August 26,2021
A rapid decline in timber prices have been attributed by some to a recent run of weakness in the Canadian Dollar, an understandable assessment given the importance of the sector to the Canadian economy.
August 24,2021
The Pound-to-Canadian Dollar exchange rate entered the new week reduced from three-month highs but would risk a further correction as far as an important level of support near 1.73.
August 23,2021
The Canadian Dollar plumbed the bottom of the major currency barrel ahead of the weekend and was on course for its worst week since March 2020 as a gloomy market of risk-averse traders overlooked signs of a robust pending recovery for Canada's economy.
August 20,2021
The Pound-to-Canadian Dollar rate was closing in on multi-month highs in the penultimate session of the week after the Loonie was left reeling by risk aversion in global markets.
August 19,2021
The Pound-to-Canadian Dollar rate had the wind in its sails and 1.74 in sight following a strong start to the new week but could now struggle to advance much beyond Monday's levels.
August 16,2021
The Pound-to-Canadian Dollar rate dipped briefly below 1.73 ahead of the weekend amid signs that its recent uptrend is neutralising, an idea that is only encouraged by the latest HSBC forecasts, which suggest GBP/CAD could struggle to recover meaningfully above the level from here and that it may be likely to end the year somewhat lower around 1.70.
August 13,2021
Page 62 of 207
