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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Steady as UK's Search for Brazilian Coronavirus Variant Continues


March 2, 2021 - Written by John Cameron
GBP/CAD Exchange Rate Rangebound as UK House Prices Rise in February
The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today as the search for the UK’s missing Brazilian Covid-19 variant is narrowed down to the south-east. The pairing is currently fluctuating around CA$1.76.
As a result, Sterling investors are remaining cautious as the Brazilian variant could cause a problem for the effectiveness of the UK’s Covid-19 vaccination further down the line.
According to researchers, the original variant was found in Manaus Brazil and can evade 25% to 61% of the protection of people living in the Amazonian city. ....

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Slips as Retail Sales Edge Higher


December 18, 2020 - Written by John Cameron
The Pound to Canadian Dollar (GBP/CAD) exchange rate struggled to hold onto any gains on Friday, as the Brexit transition period deadline looms and talks show little signs of progress.
Boris Johnson said EU negotiators must ‘bring something to the table’ in Brexit talks to avoid the UK crashing out the single market without a deal in two weeks’ time.
This comes follows comments from Michel Barnier to European Parliament this morning who said:
‘I cannot say what will come in this last home straight of negotiations. We have to be prepared for all eventualities.’ ....

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Slips as Retail Sales Edge Higher


December 18, 2020 - Written by John Cameron
The Pound to Canadian Dollar (GBP/CAD) exchange rate struggled to hold onto any gains on Friday, as the Brexit transition period deadline looms and talks show little signs of progress.
Boris Johnson said EU negotiators must ‘bring something to the table’ in Brexit talks to avoid the UK crashing out the single market without a deal in two weeks’ time.
This comes follows comments from Michel Barnier to European Parliament this morning who said:
‘I cannot say what will come in this last home straight of negotiations. We have to be prepared for all eventualities.’ ....

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Pound to Canadian Dollar (GBP/CAD) Exchange Rate Rises on 'Path to Agreement' in Brexit Talks


December 16, 2020 - Written by John Cameron
GBP/CAD Exchange Rate Heads Higher on Brexit Talks Progress
The Pound to Canadian Dollar (GBP/CAD) exchange rate rose by 0.8% today, with the pairing currently trading around CA$1.722.
The Pound (GBP) rose today following the announcement that the UK would remain with relaxed Christmas Covid-19 rules despite nations being divided in the guidance.
As a result, GBP investors have become more optimistic about Britain’s economic recovery, even more now that Brexit talks are showing signs of progress.
The European Commission’s President, Ursula von der Leyen, said that a UK-EU trade deal was a possibility, but warned that fishing rights could still sink the chances of a deal by January 1st. ....

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