Currency pair
GBP/CAD
The relative news tone between the British pound and the Canadian dollar, and the official readings of both currencies side by side, without combining them.
Relative news tone (24 h)
-0.35
The tone of GBP is more negative than that of CAD
Low confidence
Declared by the AI and not yet calibrated.
It is half the difference between the tone of GBP and that of CAD. Updated 11 hours ago
Pohuant publishes general, descriptive information. It is not investment advice or a recommendation to buy or sell any instrument. Trading in the markets involves a risk of loss.
Readings by factor
Where each official series stands against its own history. These are not forecasts.
British pound (GBP)
Relative strength
Performance against the other 7 currencies, 20 sessions (ECB rates)
0.12 %
Percentile 48 of 5 years · Usual
-1.08 pp over 1 week · Data as of Oct 28, 2026
Performance against the other 7 currencies, 60 sessions (ECB rates)
0.19 %
Percentile 46 of 5 years · Usual
-0.34 pp over 1 week · Data as of Oct 28, 2026
Macro
Macro momentum: official indicators against their trend (−1 to 1)
0.24 index
Percentile 58 of 5 years · Usual
+0.23 index over 1 week · Data as of Oct 24, 2026
CFTC positioning
Asset managers' net position in CME futures (% of open interest)
-53 %
Percentile 2 of 3 years · Very low
+1.3 pp over 1 week · Data as of Oct 20, 2026
Leveraged funds' net position in CME futures (% of open interest)
9.5 %
Percentile 25 of 3 years · Low
+5.6 pp over 1 week · Data as of Oct 20, 2026
Rates and curves
Central bank policy rate
3.75 %
Percentile 42 of 5 years · Usual
No measurable change · Data as of Oct 19, 2026
10-year bond
5.33 %
Percentile 98 of 5 years · Very high
-8.77 bp over 1 week · Data as of Oct 26, 2026
5-year bond
4.96 %
Percentile 99 of 5 years · Very high
-1.68 bp over 1 week · Data as of Oct 26, 2026
Valuation
Real effective exchange rate against its 10-year trend
6.9 %
Percentile 89 of 15 years · High
-0.9 pp over 1 month · Data as of Sep 30, 2026
Canadian dollar (CAD)
Relative strength
Performance against the other 7 currencies, 20 sessions (ECB rates)
1.21 %
Percentile 88 of 5 years · High
+0.74 pp over 1 week · Data as of Oct 28, 2026
Performance against the other 7 currencies, 60 sessions (ECB rates)
1.83 %
Percentile 88 of 5 years · High
+1.79 pp over 1 week · Data as of Oct 28, 2026
Macro
Macro momentum: official indicators against their trend (−1 to 1)
0.02 index
Percentile 34 of 5 years · Usual
+0.1 index over 1 week · Data as of Oct 24, 2026
CFTC positioning
Asset managers' net position in CME futures (% of open interest)
-1.4 %
Percentile 85 of 3 years · High
+6.7 pp over 1 week · Data as of Oct 20, 2026
Leveraged funds' net position in CME futures (% of open interest)
-23.7 %
Percentile 34 of 3 years · Usual
-0.5 pp over 1 week · Data as of Oct 20, 2026
Rates and curves
Central bank policy rate
2.25 %
Percentile 34 of 5 years · Usual
No measurable change · Data as of Oct 19, 2026
10-year bond (monthly average)
3.88 %
Percentile 98 of 5 years · Very high
+20.75 bp over 1 month · Data as of Sep 1, 2026
Valuation
Real effective exchange rate against its 10-year trend
-5.7 %
Percentile 45 of 15 years · Usual
-0.1 pp over 1 month · Data as of Sep 30, 2026
Recent news
Headline and link to the original outlet, with our own summary and the tone for this page.
Bloomberg - Markets ·
Healey Defends UK Budget, Warns 'Tough Decisions' AheadSubscription outlet: headline and link only.
- British pound: negative tone
Bloomberg - Economics ·
Bank of Canada Chief Tiff Macklem Warns US Deficits Are Costly and UnsustainableSubscription outlet: headline and link only.
- Canadian dollar: neutral tone
Politico Europe ·
5 takeaways from Andy Burnham’s first budgetBritain's new prime minister Andy Burnham presented his first budget, described as a modest step, with 98 measures including energy bill relief and a 10 billion pound defense package for Ukraine.
- British pound: negative tone
Bloomberg - Economics ·
Bank of Canada Rate Hike Hurts Housing Market Already in SlumpSubscription outlet: headline and link only.
- Canadian dollar: positive tone
WSJ - World News ·
Growth Plays Key Supporting Role in Bank of Canada Rate-Hike DecisionSubscription outlet: headline and link only.
- Canadian dollar: positive tone
OilPrice.com ·
Energy Crisis Shapes UK Budget as Chancellor Faces Pressure Over Defence SpendinEconomists expect John Healey's first budget to lack clear plans for raising defense spending, reforming taxes and cutting welfare, delaying major fiscal decisions.
- British pound: negative tone
WSJ - World News ·
U.K.’s Budget Ducks Hard Choices Amid Market Concerns Over DebtSubscription outlet: headline and link only.
- British pound: negative tone
Al Jazeera English ·
Bank of Canada raises interest rates for the first time in three yearsThe Bank of Canada lifted its key interest rate by a quarter point, its first increase in three years, as rising energy prices drove inflation higher.
- Canadian dollar: positive tone
FT - World ·
Bank of England able to take UK Budget in its stride despite slippage in deficit reductionSubscription outlet: headline and link only.
- British pound: negative tone
The Guardian - Business ·
Labour's 2026 budget in under three minutes – videoThe UK budget included a £100 council tax rebate for 20 million households, extended the electricity VAT cut to July, and scrapped planned fuel duty increases.
- British pound: negative tone
Bloomberg - Economics ·
UK Budget Does Little to Ease Pressure on BOE for Rate HikesSubscription outlet: headline and link only.
- British pound: positive tone
Bloomberg - Markets ·
Bank of Canada Raises Interest Rates to 2.5%, First Hike Since 2023Subscription outlet: headline and link only.
- Canadian dollar: positive tone
Bloomberg - Politics ·
Healey Vows Defense Spending Boost to 3% of GBP by 2030Subscription outlet: headline and link only.
- British pound: negative tone
investingLive (ex-ForexLive) ·
BOC's Macklem: Our surveys show businesses are planning to pass on more of these cost increasesBank of Canada Governor Macklem said energy prices have stayed high for months and firms plan to pass more costs to consumers, with no preset rate path.
- Canadian dollar: positive tone
The Guardian - Business ·
OBR slashes UK growth forecast for 2027 despite Healey’s budget measuresThe UK's independent fiscal watchdog cut its 2027 growth and living standards forecasts, citing Middle East conflict fallout, as the chancellor announced a budget including £100 household payments.
- British pound: negative tone
Bloomberg - Politics ·
Highlights From Healey's UK Budget AnnouncementSubscription outlet: headline and link only.
- British pound: negative tone
investingLive (ex-ForexLive) ·
The full statement from the Bank of Canada rate decision for October 2026. Hikes by 25 basis pointsEl Banco de Canadá subió su tasa objetivo en 25 puntos básicos, a 2,5%, con la tasa bancaria en 2,75% y la de depósitos en 2,45%. Señaló que la actividad global siguió resiliente pese a los mayores precios de la energía.(Summary available in Spanish.)
- Canadian dollar: positive tone
investingLive (ex-ForexLive) ·
Bank of Canada rate decision: Hike to 2.50%El Banco de Canadá subió la tasa a 2,50%, como esperaba el mercado. Dijo que la inflación es más alta y persistente que en julio, y que podrían necesitarse más alzas, pero el Consejo actuará con cautela.(Summary available in Spanish.)
- Canadian dollar: positive tone
Bloomberg - Economics ·
Bank of Canada Hikes to 2.5%, Says More Could Be NeededSubscription outlet: headline and link only.
- Canadian dollar: positive tone
investingLive (ex-ForexLive) ·
The USDCAD is trading in a neutral swing area ahead of the Bank of Canada rate decisionAhead of the Bank of Canada's rate announcement, USDCAD sits in a neutral range. Economists are split, with 19 of 34 Reuters respondents expecting a hike and markets pricing about a 77% chance of one.
- Canadian dollar: positive tone
Other pairs
Currency pair
GBP/USD
British pound · US dollar
-0.18
−10+1Negative tone · 80 stories
Currency pair
USD/CAD
US dollar · Canadian dollar
-0.17
−10+1Negative tone · 75 stories
Currency pair
EUR/GBP
Euro · British pound
+0.05
−10+1Neutral tone · 30 stories
Currency pair
EUR/CAD
Euro · Canadian dollar
-0.30
−10+1Negative tone · 26 stories
Currency pair
GBP/JPY
British pound · Japanese yen
-0.26
−10+1Negative tone · 18 stories
Currency pair
GBP/CHF
British pound · Swiss franc
Not enough news in the last 24 hours.
Currency pair
GBP/AUD
British pound · Australian dollar
-0.33
−10+1Negative tone · 19 stories
Currency pair
GBP/NZD
British pound · New Zealand dollar
-0.09
−10+1Negative tone · 23 stories
Currency pair
AUD/CAD
Australian dollar · Canadian dollar
-0.02
−10+1Neutral tone · 14 stories
Currency pair
NZD/CAD
New Zealand dollar · Canadian dollar
-0.26
−10+1Negative tone · 18 stories
Currency pair
CAD/JPY
Canadian dollar · Japanese yen
+0.09
−10+1Positive tone · 14 stories
Currency pair
CAD/CHF
Canadian dollar · Swiss franc
Not enough news in the last 24 hours.