Outlook for Canadian Dollar (CAD) Remains Soft, Pound Could Hit 2.19 at Year-End - Pound Sterling Live

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Canada Forex Portal

DATE:
10/02/2015

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The pound to Canadian dollar exchange rate (GBPCAD) is forecast to end 2015 at 2.06 before rising to 2.14 by March 2016 and 2.17 by the middle of 2016. We recently noted that Lloyds Bank see a CAD recovery in 2016 driven by a gradual oil price recovery

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