United States Pending Home Sales (MoM) came in at -9.3% below forecasts (-0.3%) in December

Jan 21, 2026

GBP/CAD weakens as sticky UK inflation does little to shift BoE outlook

The British Pound (GBP) edges lower against the Canadian Dollar (CAD) on Wednesday, as the latest UK inflation data fails to derail market expectations for a gradual easing path from the Bank of England (BoE). At the time of writing, GBP/CAD trades around 1.8520, down nearly 0.32% on the day.

United States Pending Home Sales (MoM) came in at -9.3% below forecasts (-0.3%) in December

GBP/CAD weakens as sticky UK inflation does little to shift BoE outlook

United States Construction Spending (MoM): 0.5% (September) vs 0.2%