Latest Articles by Tim Boyer

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

PM May Fails to Calm Panicked Markets, Pound US Dollar Suffers

11 Jan 2017 at 4 PM - Written by Tim Boyer

PM May Fails to Calm Panicked Markets, Pound US Dollar Suffers
The Pound to US Dollar exchange rate plummeted on Wednesday afternoon, as US markets opened and traders became jittery as US President-elect Donald Trump held his first press conference since being elected. Investors are anxious ahead of the beginning of the Trump Presidency amid high uncertainty about the unorthodox President, but hopes...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

Dovish BoE Commentary Saw Pound Euro Extend Slump

6 Jan 2017 at 4 PM - Written by Tim Boyer

 Dovish BoE Commentary Saw Pound Euro Extend Slump
The Pound to Euro exchange rate extended its weekly lows on Friday morning as markets maintained a bearish view on the British currency amid dire UK forecasts and Brexit jitters. Demand for the Euro remained sturdy even after the US Dollar began to strengthen on Friday afternoon, as the week’s Eurozone data had left investors more...

CATEGORIES: Euro Forecasts Euro Pound Forecasts

Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

4 Jan 2017 at 3 PM - Written by Tim Boyer

Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher
The Pound to US Dollar exchange rate continued its modest recovery attempt on Wednesday afternoon but if the evening’s Fed minutes report impresses traders it may give up its gains quickly. Thursday will see the publication of UK and US services and composite PMIs, from Markit and ISM respectively. UK services PMI in particular could...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Dollar Forecasts

Pound Sterling (GBP) to Australian Dollar (AUD) Exchange Rate Soft Despite Improved UK Consumer Confidence

22 Dec 2016 at 5 PM - Written by Tim Boyer

Pound Sterling (GBP) to Australian Dollar (AUD) Exchange Rate Soft Despite Improved UK Consumer Confidence
As low trading volumes and a general atmosphere of risk aversion weighed on the Australian Dollar the Pound nevertheless struggled to find traction against its rival, leaving the GBP AUD exchange rate on a narrow downtrend. Pound Sterling Trended Lower Despite Improved Consumer Confidence Confidence in Pound Sterling (GBP) has been...

CATEGORIES: Pound Australian Dollar Forecasts

Strike Action Sends UK Confidence Plummeting, GBP AUD Exchange Rate Dips

20 Dec 2016 at 4 PM - Written by Tim Boyer

Strike Action Sends UK Confidence Plummeting, GBP AUD Exchange Rate Dips
The Pound to Australian Dollar exchange rate continued to trend with a downside bias on Tuesday afternoon, edging lower due to the latest Brexit comments from UK Prime Minister Theresa May. While the ‘Aussie’ remained weak on leftover risk-off movement from the Federal Reserve’s hawkishness, Sterling was the weaker currency on...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates Pound Sterling Forecasts

Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment

16 Dec 2016 at 10 AM - Written by Tim Boyer

Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment
The Pound to Euro exchange rate saw little change in movement on Friday as investors continued to react to Thursday’s disappointing Bank of England (BoE) meeting and the latest Brexit news. Meanwhile, the Euro recovered from its lows against the US Dollar. GBP/EUR began the week at the level of 1.1905. After hitting a weekly high of...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Euro Forecasts

GBP/AUD, GBP/NZD Exchange Rates Mixed after Fed Predicts Three 2017 Rate Hikes

16 Dec 2016 at 5 PM - Written by Tim Boyer

GBP/AUD, GBP/NZD Exchange Rates Mixed after Fed Predicts Three 2017 Rate Hikes
The Pound spiked against the Australian Dollar and New Zealand Dollar on Friday afternoon as investors continued to readjust their positions on the risky antipodean currencies following the Fed’s surprisingly hawkish outlook this week. Commodity prices remained decent and US data from the day was largely disappointing. However, as...

CATEGORIES: New Zealand Dollar Forecasts Pound Australian Dollar Forecasts

Pound Euro Exchange Rate Strengthens on Data-Light Day and Brexit Speculation

12 Dec 2016 at 3 PM - Written by Tim Boyer

Pound Euro Exchange Rate Strengthens on Data-Light Day and Brexit Speculation
Pound Sterling Trends Higher on Brexit Speculation In the absence of fresh domestic data the Pound Euro (GBP EUR) exchange rate has nevertheless trended higher at the start of the week as the mood towards Sterling turned generally positive. Hopes remain that the government will not pursue a hard Brexit, with a campaign group pushing...

CATEGORIES: Pound Euro Forecasts

BoE Stability Report Predicts 'Brexit' Challenges, GBP EUR Exchange Rate Fluctuates

30 Nov 2016 at 2 PM - Written by Tim Boyer

BoE Stability Report Predicts 'Brexit' Challenges, GBP EUR Exchange Rate Fluctuates
The GBP EUR exchange rate has been increasingly volatile today after the Bank of England (BoE) released its latest Financial Stability Report. Pound Euro (GBP EUR) Pressured by Brexit Uncertainty The Pound Euro (GBP EUR) exchange rate suffered from fresh market concerns over 'Brexit' this morning as BoE Governor Mark Carney urged both...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts

GBP USD Exchange Rate Rallies as Investors React Positively to Autumn Statement

24 Nov 2016 at 3 PM - Written by Tim Boyer

GBP USD Exchange Rate Rallies as Investors React Positively to Autumn Statement
The GBP USD exchange rate continued climbing today as positive UK data supported investor optimism towards the UK’s latest Autumn Statement. Pound US Dollar (GBP USD) Rises as Markets Upbeat on Autumn Statement The Pound (GBP) rose against the US Dollar (USD) yesterday as the markets reacted positivity to Philip Hammond’s first...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts