October 25, 2023 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Canadian Dollar 2024 Outlook: 1.65 in Two Months say CIBC
GBP/CAD Exchange Rate Rally Stalls Ahead of Bank of Canada Policy Decision
An easing of geo-political tensions and rebound in risk appetite during Monday helped boost the Pound in global markets and the Canadian dollar lost ground.
The Pound to Canadian dollar (GBP/CAD) exchange rate strengthened to 5-week highs close to 1.6800 in early Europe on Tuesday.
European currencies were…
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