GBP/CAD Exchange Rate Today, Forecast & News

GBP/CAD
British Pound - Canadian Dollar
Open
1.71611+0.00173 (+0.10%)
As of: Apr 16, 2024 08:05 UTC
Open
1.71435
High
1.72034
Low
1.71192

Stats

Prev. Close

1.71438

Open

1.71435

Day's Range

1.71192 - 1.72034

52 Week Range

1.62271 - 1.77176

YTD Change

1.75%

1 Year Change

3.44%

Economic CalendarAll Events

Time zone: GMT

Friday, April 12th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	GBP	GDP MoMFeb	High	0.1%	0.1%	0.3%

Tuesday, April 16th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	GBP	Average Earnings incl. Bonus (3Mo/Yr)Feb	Medium	5.6%	5.5%	5.6%
06:00	GBP	Unemployment RateFeb	High	4.2%	4%	3.9%
06:00	GBP	Employment ChangeFeb	Medium	-156K	110.0K	-21K
12:15	CAD	Housing StartsMar	Medium		244K	253.5K
12:30	CAD	Inflation Rate MoMMar	Medium		0.7%	0.3%
12:30	CAD	Core Inflation Rate YoYMar	Medium		1.8%	2.1%

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% Mar 24
Inflation Rate	2.8% Feb 24		3.4% Feb 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	Aa3Stable	AAStable