Pound to Canadian Dollar Rate Hits 3-Week Best as US Tariffs Dominate

Pound to Canadian Dollar Rate Hits 3-Week Best as US Tariffs Dominate

February 27, 2025 – Written by Tim Boyer

gbp-to-canadian-dollar-rate-forecast-8

Geopolitical developments and trade rhetoric will remain key influences in the outlook for the Canadian Dollar and US Dollar in the short term.

US tariffs will be very important in the short term with 25% tariffs on imports from Mexico and Canada due to come in on March 4th.

The Pound to Dollar exchange rate (GBP/USD) has been held below 2-month highs near 1.2700 to trade around 1.2650….
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