Latest Articles by Tim Boyer

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

USD to JPY Exchange Rate Slips Back Towards Week’s Opening Levels

23 Jun 2017 at 12 PM - Written by Tim Boyer

USD to JPY Exchange Rate Slips Back Towards Week’s Opening Levels
Despite mixed Japanese data over the last week, a lack of sturdy Federal Reserve interest rate hike bets has seen the US Dollar to Japanese Yen exchange rate shed most of this week’s gains and trend closer to the week’s opening levels. Movement in USD/JPY was relatively narrow this week. The pair began the week trading at around 110.80...

CATEGORIES: Japanese Yen Forecasts

GBP to NOK Exchange Rate Tumbles on Comments from Bank of England Governor

20 Jun 2017 at 12 PM - Written by Tim Boyer

GBP to NOK Exchange Rate Tumbles on Comments from Bank of England Governor
After volatile trade last week, the Pound to Norwegian Krone exchange rate could be in for another week of losses. Bank of England (BoE) Governor Mark Carney disappointed Pound traders on Tuesday, and the Krone has been stabilising. Last week saw GBP/NOK end the week slightly lower after wide fluctuations. This week, the pair has trended...

CATEGORIES: Pound Norwegian Krone Forecasts

GBP INR Exchange Rate Slides as Fund Manager Bets against the Pound

24 May 2017 at 3 PM - Written by Tim Boyer

GBP INR Exchange Rate Slides as Fund Manager Bets against the Pound
The Pound Indian Rupee (GBP INR) exchange rate slid on Wednesday afternoon as BlueBay Asset Management warned that Sterling is likely to tumble whatever the outcome of the UK’s elections. Analysts as the firm suggests that the Pound is likely to drop below $1.20 by the end of the year and that a hard Brexit between the UK and Europe is...

CATEGORIES: Pound Rupee Forecasts

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