Latest Articles by John Cameron

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

GBP EUR Exchange Rate Tumbles to New Weekly Low over Concerns over DUP Deal

21 Jun 2017 at 12 PM - Written by John Cameron

GBP EUR Exchange Rate Tumbles to New Weekly Low over Concerns over DUP Deal
The Pound Euro (GBP EUR) exchange rate slipped even further this morning, closing in on the multi-month low stuck last week as investors worry about the political landscape in the UK ahead of the Queen’s speech. Political Uncertainty Continues to Weaken Pound (GBP) Sterling sentiment remains low this morning ahead of the Queens speech...

CATEGORIES: Euro Pound Forecasts

GBP USD Exchange Rate Strengthens as Brexit Talks Set to Begin

19 Jun 2017 at 12 PM - Written by John Cameron

GBP USD Exchange Rate Strengthens as Brexit Talks Set to Begin
The Pound US Dollar (GBP USD) exchange rate rallied at the start of the European session this morning as investors appeared unusually optimistic at the start of formal Brexit negotiations. Investor Optimistic as Brexit Talks Get Underway At the time of writing Sterling is up by around 0.15% against the US Dollar today as markets seem...

CATEGORIES: Pound Dollar Forecasts

GBP CAD Exchange Rate Surges Higher after BoE Splite 5-3 on Interest Rates

15 Jun 2017 at 2 PM - Written by John Cameron

GBP CAD Exchange Rate Surges Higher after BoE Splite 5-3 on Interest Rates
Weaker-than-expected UK retail sales figures put fresh pressure on the Pound Canadian Dollar exchange rate on Thursday morning. While forecasts had pointed towards a contraction in spending the figure still surprised to the downside, with sales falling -1.6% on the month in May. Coupled with Tuesday’s unexpected uptick in inflationary...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Surges as Oil Prices Collapse

8 Jun 2017 at 1 PM - Written by John Cameron

GBP CAD Exchange Rate Surges as Oil Prices Collapse
The Pound Canadian Dollar (GBP CAD) exchange rate rocketed up nearly two cents yesterday, reaching a two week high following a rout in oil prices. Crude benchmarks nosedived on Wednesday, falling by up to 5% to a new monthly low following an unexpected rise in US stockpiles, dragging on the Loonie due to the Canadian economy’s reliance...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate Benefits from Bets of Conservative Win

6 Jun 2017 at 12 PM - Written by John Cameron

GBP to USD Exchange Rate Benefits from Bets of Conservative Win
Forex markets continue to be generally confident that the Conservative party will win a comfortable majority in this week’s upcoming UK general election, which has helped the Pound to US Dollar exchange rate to strengthen. After a brief dip to 1.2857 on Monday morning, GBP/USD has advanced and on Tuesday morning the pair touched on a...

CATEGORIES: Pound Dollar Forecasts

GBP INR Exchange Rate Trends Narrowly Despite Weaker Indian Manufacturing PMI

1 Jun 2017 at 4 PM - Written by John Cameron

GBP INR Exchange Rate Trends Narrowly Despite Weaker Indian Manufacturing PMI
Speculation over the likely outcome of next week’s general election continued to provoke volatility for the Pound Indian Rupee exchange rate, with markets sensitive to the latest opinion polls. While YouGov estimated that the Conservative lead had narrowed to just three points, though, other polling companies are still pointing towards...

CATEGORIES: Pound Rupee Forecasts

GBP CAD Exchange Rate Volatile as Markets Speculate on UK Election Outcome

31 May 2017 at 1 PM - Written by John Cameron

GBP CAD Exchange Rate Volatile as Markets Speculate on UK Election Outcome
Speculation over the outcome of next week’s general election has provoked volatility for the Pound Canadian Dollar exchange rate. Although a YouGov forecast suggested that a hung parliament could emerge from the election put severe downside pressure on the Pound this downtrend did not last for long. After an opinion poll conducted by...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates

Narrowing Tory Election Lead Extends Pound Canadian Dollar Exchange Rate Downtrend

26 May 2017 at 3 PM - Written by John Cameron

Narrowing Tory Election Lead Extends Pound Canadian Dollar Exchange Rate Downtrend
Although there was some initial disappointment that the OPEC-led production limiting deal was only extended by nine months this failed to offer any particular support to the Pound Canadian Dollar exchange rate. While oil prices weakened in the immediate wake of the news it was not long before demand for the commodity picked back up,...

CATEGORIES: Canadian Dollar Forecasts

GBP NZD Exchange Rate Nosedives as Conservative Poll lead Narrows

26 May 2017 at 2 PM - Written by John Cameron

GBP NZD Exchange Rate Nosedives as Conservative Poll lead Narrows
The Pound New Zealand Dollar (GBP NZD) exchange rate plummeted over a cent in early trading today as the Conservatives lead narrow in polls again. According to the most recent YouGov poll Labour is now only 5 points behind the Conservatives, greatly narrowing the 24 point lead the Tories enjoyed at the start of the race. This is an even...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts

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