Latest Articles by John Cameron

The most recent currency news items written by author John Cameron.

GBP JPY Exchange Rate Trends Higher as Japan Factory Output Reaches 6-Month Low

23 May 2017 at 2 PM - Written by John Cameron

GBP JPY Exchange Rate Trends Higher as Japan Factory Output Reaches 6-Month Low
The Pound Japanese Yen (GBP JPY) exchange rate strengthened this morning as Japan’s manufacturing sector reported a slowdown in May. According to data published by IHS Markit Japan’s latest Manufacturing PMI tumbled from 52.7 to 52.0 In May, reaching a new six-month low and disappointing some investors who had predicted that activity...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts

GBP AUD Exchange Rate Volatile as UK Inflation Skyrockets

16 May 2017 at 12 PM - Written by John Cameron

GBP AUD Exchange Rate Volatile as UK Inflation Skyrockets
The Pound Australian Dollar (GBP AUD) exchange rate has fluctuated this morning following the release of the UK’s latest inflation figures. According to data released by the Office for National Statistics (ONS) UK inflation rocketed from 2.3% to 2.7% in April, reaching its highest levels since September 2013 and outpacing initial...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

GBP NOK Exchange Rate Benefits from Sliding Oil Prices

9 May 2017 at 5 PM - Written by John Cameron

GBP NOK Exchange Rate Benefits from Sliding Oil Prices
With risk appetite generally faltering the Pound Norwegian Krone (GBP NOK) exchange rate was encouraged to return to an uptrend. Although markets were relieved that centrist Emmanuel Macron had emerged victorious in the French presidential election it was not long before the initial boost in risk appetite faded. Weaker-than-expected...

CATEGORIES: Pound Norwegian Krone Forecasts

EUR to USD Exchange Rate Could End Week Near Multi-Month Highs

5 May 2017 at 10 AM - Written by John Cameron

EUR to USD Exchange Rate Could End Week Near Multi-Month Highs
After fluctuating earlier in the week, the Euro to US Dollar exchange rate gained almost a cent on Thursday as markets reacted to a strong TV debate performance from pro-EU French Presidential candidate Emmanuel Macron. EUR/USD began this week trending at the level of 1.0896. After briefly hitting a low of 1.0876 on Thursday morning, the...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

GBP to NZD Exchange Rate Recovers from Lows on UK Data

3 May 2017 at 1 PM - Written by John Cameron

GBP to NZD Exchange Rate Recovers from Lows on UK Data
While the Pound put in a strong Tuesday recovery against most major rivals, the Pound to New Zealand Dollar exchange rate has trended more closely to its weekly lows this week due to strong New Zealand data and improving commodity news. GBP/NZD began the week trading at the level of 1.8860, but fell for the first half of the week. By...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Slumps as Brexit Talks Appear to Stall Before Official Negotiations Begin

2 May 2017 at 10 AM - Written by John Cameron

GBP USD Exchange Rate Slumps as Brexit Talks Appear to Stall Before Official Negotiations Begin
The GBP USD exchange rate continued to slide overnight on Monday as Prime Minister Theresa May’s dinner with European commission’s president, Jean-Claude Juncker yesterday did not inspire confidence in the Brexit process. May faces reports that she is ‘living in another galaxy’ as Juncker reportedly left Downing Street ‘ten times...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP to ZAR Exchange Rate Slips back from Weekly Highs

28 Apr 2017 at 3 PM - Written by John Cameron

GBP to ZAR Exchange Rate Slips back from Weekly Highs
After advancing for most of the week last week, the British Pound to South African Rand exchange rate slipped from its highs on Friday as the latest UK growth data was highly disappointing and painted a mixed outlook for Britain’s economy in 2017. GBP/ZAR began the week trending at the level of 16.8153. The pair surged in the latter half...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Rand Forecasts

GBP CAD Exchange Rate Forecast to Come Under Pressure from UK and Canadian GDP

27 Apr 2017 at 12 PM - Written by John Cameron

GBP CAD Exchange Rate Forecast to Come Under Pressure from UK and Canadian GDP
The Pound Canadian Dollar exchange rate has seen significant volatility so far this week as political developments in the US fuelled some sharp market movements. Demand for the ‘Loonie’ plunged in response to news that the US would be imposing tariffs on softwood lumber, with markets speculating that a similar move against dairy...

CATEGORIES: Canadian Dollar Forecasts

Can USD JPY Exchange Rate Maintain Bullish Trend on Trump Tax Cut Push?

25 Apr 2017 at 5 PM - Written by John Cameron

Can USD JPY Exchange Rate Maintain Bullish Trend on Trump Tax Cut Push?
News that Donald Trump is aiming to cut corporate tax from 35% to 15% in his much-anticipated tax reform package prompted the US Dollar Japanese Yen (USD JPY) exchange rate to strengthen. Markets were encouraged by the prospect of hard plans, even though such a cut would leave a significant hole in the US budget and could face opposition...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts

Can the GBP AUD Exchange Rate Hold onto its Election Rally?

19 Apr 2017 at 10 AM - Written by John Cameron

Can the GBP AUD Exchange Rate Hold onto its Election Rally?
Although some of Sterling’s bullishness faded as markets adjusted to Theresa May’s surprise call for a snap general election the GBP AUD exchange rate remained on a stronger footing. Investors are betting that the Conservatives will be able to secure an increased majority in a June election, limiting the parliamentary push-back...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates