Latest Articles by Tim Boyer

The most recent currency news items written by author Tim Boyer.

GBP to AUD Exchange Rate Surges Despite Strong Australian Employment Data

18 May 2017 at 12 PM - Written by Tim Boyer

GBP to AUD Exchange Rate Surges Despite Strong Australian Employment Data
After volatile movement earlier in the week, the Pound to Australian Dollar exchange rate saw strong surge on Thursday in reaction to Britain’s latest retail sales data. The pair easily pushed higher due to poor risk-sentiment. GBP/AUD began the week trending at around 1.7440 and fluctuated between 1.7350 and 1.7530 for most of the week...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP to USD Exchange Rate Benefits from Trump Uncertainty

17 May 2017 at 1 PM - Written by Tim Boyer

GBP to USD Exchange Rate Benefits from Trump Uncertainty
While Sterling has dropped against some other major currencies this week, the Pound to US Dollar exchange rate has advanced. Rising political anxiety in the US has harmed Fed rate hike bets and the appeal of the US Dollar. Last week saw GBP/USD drop to 1.2886. However, since markets opened this week the pair has trended higher. On...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP/EUR Fails to Capitalise as Greece Re-enters Recession

15 May 2017 at 12 PM - Written by Tim Boyer

GBP/EUR Fails to Capitalise as Greece Re-enters Recession
The GBP/EUR exchange rate is struggling around opening levels of 1.1792 today. The British Pound has been kept weak by a new report from EY ITEM Club which offers a dovish forecast for the UK labour market over the coming years. As well as a -0.1% fall in employment in 2018, the unemployment rate will rise from 4.7% to 5.4%, increasing...

CATEGORIES: Pound Euro Forecasts

GBP to NZD Exchange Rate Falls Back from Highs on Disappointing UK Sales Data

21 Apr 2017 at 12 PM - Written by Tim Boyer

GBP to NZD Exchange Rate Falls Back from Highs on Disappointing UK Sales Data
This week has seen significant gains in the Pound to New Zealand Dollar exchange rate, but the pair was unable to hold its weekly highs on Friday as the latest UK retail sales data came in well below expectations. GBP/NZD began the week trending at the level of 1.7896 and on Tuesday the pair gained around three cents in value. The pair hit...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Boosted by Surprise UK General Election Call

18 Apr 2017 at 4 PM - Written by Tim Boyer

GBP NZD Exchange Rate Boosted by Surprise UK General Election Call
In the wake of the unexpected announcement that Theresa May will seek a snap general election the Pound New Zealand Dollar exchange rate made some strong gains. GBP Quick to Recover from Snap Election Shock Although the Pound saw some initial weakness in response to the surprise call for an election it was not long before it began to...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP CHF Exchange Rate Could Extend Downtrend on Rising Swiss Prices

13 Apr 2017 at 4 PM - Written by Tim Boyer

GBP CHF Exchange Rate Could Extend Downtrend on Rising Swiss Prices
The British Pound to Swiss Franc exchange rate trended more flatly on Thursday afternoon, falling back from the weekly highs seen earlier in the day. However, GBP/CHF still looked on track to end the week well above its opening levels. Demand for the Swiss Franc improved slightly on Thursday as gold market prices hit a new weekly high....

CATEGORIES: Daily Currency Updates Swiss Franc Forecasts

USD GBP Exchange Rate Slides as UK Inflation Expected to Hold Steady

11 Apr 2017 at 4 PM - Written by Tim Boyer

USD GBP Exchange Rate Slides as UK Inflation Expected to Hold Steady
The US Dollar to British Pound exchange rate dropped on Tuesday afternoon. When American markets opened, US traders expressed their uncertainty in US President Trump’s rhetoric on Syria and North Korea by selling the US Dollar. While the US Dollar is a typically ‘safe haven’ currency, UK government bonds, priced in GBP, were seen as...

CATEGORIES: Dollar Pound Forecasts

GBP INR Exchange Rate Predicted to Slide if UK Wage Squeeze Continues

7 Apr 2017 at 12 PM - Written by Tim Boyer

GBP INR Exchange Rate Predicted to Slide if UK Wage Squeeze Continues
Poor Week of GBP INR Trading Ends with Trade Deficit Expansion As well as being devalued by falling PMIs this week, the Pound has also fallen against the Indian Rupee on recent trade balance figures. The previous trade deficit was revised up to -2.98bn; this was worsened with stats showing an expansion to -3.66bn in...

CATEGORIES: Daily Currency Updates Pound Rupee Forecasts

GBP CHF Exchange Rate Rallies on Surprise UK Services Result

6 Apr 2017 at 4 PM - Written by Tim Boyer

GBP CHF Exchange Rate Rallies on Surprise UK Services Result
The British Pound to Swiss Franc exchange rate trended relatively flatly on Thursday afternoon. The Franc has been relatively limp throughout the day and was little changed after the publication of the day’s inflation stats. Friday’s session will see the publication of UK trade data for February, as well as Switzerland unemployment...

CATEGORIES: Daily Currency Updates Pound Swiss Franc Forecasts

GBP NZD Exchange Fluctuates as Construction PMI Disappoints

5 Apr 2017 at 4 PM - Written by Tim Boyer

GBP NZD Exchange Fluctuates as Construction PMI Disappoints
The British Pound to New Zealand Dollar exchange rate surged on Wednesday afternoon, recovering its weekly losses and hitting a fresh 2016 high of 1.7954. This was also GBP/NZD’s best level since September 2016. Poor risk-sentiment and solid UK services data means the pair has the potential to hold most of its gains for the remainder of...

CATEGORIES: Pound New Zealand Dollar Forecasts