Latest Articles by John Cameron

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

Euro to US Dollar Exchange Rate Advances as First Trump Weekend Disappoints

23 Jan 2017 at 11 AM - Written by John Cameron

Euro to US Dollar Exchange Rate Advances as First Trump Weekend Disappoints
The Euro to US Dollar exchange rate has gradually advanced so far this year and the new week seems to be continuing that trend as market disappointment in the new US Trump administration has weighed on USD demand. EUR/USD saw a modest advance last week, from 1.0642 to 1.0701. When markets opened on Monday morning the pair quickly advanced...

CATEGORIES: Daily Currency Updates Euro Forecasts

USD/JPY Advances as Markets Await Trump’s First Presidential Speech

20 Jan 2017 at 4 PM - Written by John Cameron

USD/JPY Advances as Markets Await Trump’s First Presidential Speech
Strong hopes for Donald Trump’s Presidency, coupled with a warning on Trump’s economics from a senior Japanese cabinet advisor, has kept the US Dollar to Japanese Yen exchange rate firmly on the advance. Markets Look to Trump Speech for Clues on Fiscal Stimulus Plans Investors are looking for signs that Trump intends to carry...

CATEGORIES: Currency Predictions Japanese Yen Forecasts

British Pound to Norwegian Krone Exchange Rate Falls from Highs after Tuesday Surge

19 Jan 2017 at 3 PM - Written by John Cameron

British Pound to Norwegian Krone Exchange Rate Falls from Highs after Tuesday Surge
The British Pound to Norwegian Krone exchange rate edged higher on Thursday afternoon, as Sterling sentiment remained solid thanks to higher hopes for post-Brexit Britain to make new strong trade deals. This was despite news that prices of oil, Norway’s most lucrative commodity, had increased on Thursday due to falling US oil stockpiles...

CATEGORIES: Currency Predictions Norwegian Krone Forecasts

Pound Australian Dollar Exchange Rate Rallied after May Clarified Government Stance on Brexit

18 Jan 2017 at 3 PM - Written by John Cameron

Pound Australian Dollar Exchange Rate Rallied after May Clarified Government Stance on Brexit
On Wednesday afternoon, the Pound to Australian Dollar exchange rate trended in the region of 1.6295. The pair was on track to have lost around -0.7% throughout the day as Sterling was sold from its Tuesday highs in profit-taking. The Pound selloff was highly influential as the British currency fell across the board despite lower...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Australian Dollar Forecasts

Heavy Losses Seen as GBP EUR Exchange Rate Drops Down to 1.13 on Brexit Fears

17 Jan 2017 at 4 PM - Written by John Cameron

Heavy Losses Seen as GBP EUR Exchange Rate Drops Down to 1.13 on Brexit Fears
The British Pound to Euro exchange rate surged on Tuesday afternoon as investors reacted bullishly to the Brexit speech from UK Prime Minister Theresa May. May’s key statements included reconfirmation that Parliament would vote in the final Brexit deal after negotiations were over. Demand for the Euro was mixed throughout the day as...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise

11 Jan 2017 at 4 PM - Written by John Cameron

Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise
The Pound to Euro exchange rate continued to trend relatively tightly on Wednesday afternoon, but was largely unable to hold its best daily levels. Markets turned their attention to a press conference held by US President-elect Donald Trump, leaving the Pound and Euro even limper. The pair could fall again in the coming days if investors...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Pound Sterling (GBP) to Japanese Yen (JPY) Drops to Lowest Level Since November on Brexit Fears

10 Jan 2017 at 4 PM - Written by John Cameron

Pound Sterling (GBP) to Japanese Yen (JPY) Drops to Lowest Level Since November on Brexit Fears
The Pound to Japanese Yen exchange rate continued to trend poorly throughout Tuesday’s European session but held above the week’s worst levels in the afternoon. This was partially due to the week’s GBP bearishness fading, but also hope from investors that the opposition Labour party would help the case for Tory backbenchers after...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Narrowed Swiss Foreign Reserves Failed to Boost Pound Swiss Franc Exchange Rate

6 Jan 2017 at 12 PM - Written by John Cameron

Narrowed Swiss Foreign Reserves Failed to Boost Pound Swiss Franc Exchange Rate
A modest improvement in the Swiss Consumer Price Index weighed on the Pound Sterling Swiss Franc (GBP CHF) exchange rate, even though domestic inflationary pressure remains a long way short of the Swiss National Bank’s (SNB) target. Strong UK PMIs Failed to Prevent GBP CHF Downtrend Confidence in the resilience of the UK economy was...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

Strong UK Data Doesn't Prevent GBP AUD Losses

6 Jan 2017 at 4 PM - Written by John Cameron

Strong UK Data Doesn't Prevent GBP AUD Losses
The Pound to Australian Dollar exchange rate continued to plunge on Friday afternoon as risk-sentiment remained strong despite an increase in demand for the US Dollar. If prices of iron ore begin to fall in the coming week as many forecasters believe it will, the Australian Dollar could be undermined and GBP/AUD could register some solid...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Sterling Forecasts

GBP EUR Exchange Rate Rises as Manufacturing Data Impresses

4 Jan 2017 at 3 PM - Written by John Cameron

GBP EUR Exchange Rate Rises as Manufacturing Data Impresses
The Pound to Euro exchange rate slipped on Wednesday afternoon after spending most of the day edging higher. A weaker US Dollar and solid Eurozone ecostats allowed the Euro to advance. Various UK and Eurozone ecostats will be published on Thursday, including Britain’s services and composite PMI results from Markit, and Germany’s...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts