GBP/CAD Exchange Rate Today, Forecast & News

GBP/CAD
British Pound - Canadian Dollar
Open
1.72486-0.00046 (-0.03%)
As of: May 17, 2024 03:29 UTC
Open
1.72532
High
1.72947
Low
1.72116

Stats

Prev. Close

1.72532

Open

1.72532

Day's Range

1.72116 - 1.72947

52 Week Range

1.62271 - 1.77176

YTD Change

2.27%

1 Year Change

2.51%

Economic CalendarAll Events

Time zone: GMT

Tuesday, May 14th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	GBP	Unemployment RateMar	High	4.3%	4.3%	4.2%
07:30	GBP	BoE Pill Speech	Medium

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
12:30	CAD	New Housing Price Index MoMApr	Medium		0.0%	0%
12:30	CAD	New Housing Price Index YoYApr	Medium		-0.3%	-0.4%

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