GBP/CAD Exchange Rate Today, Forecast & News

GBP/CAD
British Pound - Canadian Dollar
Open
1.73254+0.00341 (+0.20%)
As of: May 21, 2024 02:36 UTC
Open
1.72912
High
1.73483
Low
1.72761

Stats

Prev. Close

1.72913

Open

1.72912

Day's Range

1.72761 - 1.73483

52 Week Range

1.62271 - 1.77176

YTD Change

2.73%

1 Year Change

3.11%

Economic CalendarAll Events

Time zone: GMT

Wednesday, May 15th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:15	CAD	Housing StartsApr	Medium	240.2K	238K	242.3K

Thursday, May 16th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:00	GBP	BoE Financial Stability Report	Medium

Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:00	GBP	BoE Mann Speech	Medium

Monday, May 20th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
09:00	GBP	BoE Broadbent Speech	Medium

Tuesday, May 21st 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
10:00	GBP	CBI Industrial Trends OrdersMay	Medium		-20	-23
12:30	CAD	Inflation Rate MoMApr	Medium		0.5%	0.6%
12:30	CAD	Core Inflation Rate YoYApr	Medium		2%	2%

GBP/CAD

This is considered a major cross-currency pair. As crosses, the CAD is influenced by economic indicators domestically and in the U.S, while the GBP finds influence from UK and EU stats. With the Canadian Dollar also a commodity, oil prices also have a greater impact on the CAD, with rising oil prices bearish for the pair. While the pair is considered liquid, transactions account for less than 2% of the total daily transactions across the FX market.

	Canada		United Kingdom
Interest Rate	5% Apr 24		5.25% May 24
Inflation Rate	2.9% Mar 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	Aa3Stable	AAStable