Latest Articles by Toni Johnson

The most recent currency news items written by author Toni Johnson.

USD AUD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates

24 Mar 2017 at 2 PM - Written by Toni Johnson

USD AUD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates
After drifting higher overnight the USD AUD exchange rate plateaued this morning as investors await the result of the US House of Representatives vote on Trump’s new healthcare plan. US Dollar Australian Dollar (USD AUD) Paralysed as Trump Faces First Real Test The US Dollar Australian Dollar (USD AUD) exchange rate remained largely...

CATEGORIES: American Dollar Forecasts

GBP ZAR Exchange Rate Tight on Zuma Questioning

17 Mar 2017 at 4 PM - Written by Toni Johnson

GBP ZAR Exchange Rate Tight on Zuma Questioning
The British Pound to South African Rand exchange rate held above weekly lows towards the end of the week’s European session, but still looked to record losses this week and end the week near lows not seen since 2013. Analysts are becoming increasingly optimistic on the Rand outlook and risk measures on the currency have been consistently...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts

GBP INR Exchange Rate Slides after Improved Indian Inflation

15 Mar 2017 at 10 AM - Written by Toni Johnson

GBP INR Exchange Rate Slides after Improved Indian Inflation
Thanks to a sharper slowdown in wage growth than investors were anticipating the Pound to Indian Rupee exchange rate remained under pressure. Even though the UK unemployment rate continued to fall this was not enough to particularly improve the mood towards Sterling, with the Bank of England still expected to take a cautious view at its...

CATEGORIES: Pound Rupee Forecasts

GBP to NZD Ending Week Higher Despite Lack of Pound Optimism

10 Mar 2017 at 10 AM - Written by Toni Johnson

GBP to NZD Ending Week Higher Despite Lack of Pound Optimism
The British Pound to New Zealand Dollar exchange rate has advanced over the last week despite a lack of appeal in Sterling amid mixed ecostats and fresh Brexit jitters. Low risk-sentiment has seen traders selling off the New Zealand Dollar. GBP/NZD began this week trading at the level of 1.7460 and has gained over a cent throughout the...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Slides as UK House Prices Plummet

7 Mar 2017 at 2 PM - Written by Toni Johnson

GBP USD Exchange Rate Slides as UK House Prices Plummet
The GBP USD exchange rate slumped to a new six-week low this morning as markets reacted poorly to the latest Halifax House Price figures. Pound US Dollar (GBP USD) Tumbles as UK Housing Data Disappoints The Pound US Dollar (GBP USD) exchange rate fell this morning following some disappointing housing data from the UK. Data compiled...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP CHF Exchange Rate falls as UK Manufacturing Slows

2 Mar 2017 at 3 PM - Written by Toni Johnson

GBP CHF Exchange Rate falls as UK Manufacturing Slows
The British Pound to Swiss Franc exchange rate continued to trend near the week’s lowest levels on Thursday afternoon. Sterling’s attempts to recover were limited by solid demand for ‘safe haven’ currencies. With Federal Reserve interest rate hike bets soaring in the US, investors began to speculate that the world’s biggest...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

GBP/EUR Recovering, but Could Take another Hit from Retail Surveys

24 Feb 2017 at 4 PM - Written by Toni Johnson

GBP/EUR Recovering, but Could Take another Hit from Retail Surveys
The British Pound to Euro exchange rate was sold from its weekly highs on Friday afternoon as traders expected a relatively quiet week ahead for Sterling demand. Britain’s economic calendar will be relatively quiet until Markit’s February PMIs are published later in the week. The Euro, on the other hand, will be influenced by political...

CATEGORIES: Pound Euro Forecasts

UK Jobs Data Shows Slowing Wage Growth, GBP USD Exchange Rate Falls

16 Feb 2017 at 5 PM - Written by Toni Johnson

UK Jobs Data Shows Slowing Wage Growth, GBP USD Exchange Rate Falls
The British Pound to US Dollar exchange rate made modest gains during Thursday’s European session, despite this week’s impressive US data. As ‘Greenback’ traders focused on stock markets and anticipate US President Trump’s upcoming tax reform plans, the US currency remained jittery. Sterling was bought from its lows on Thursday...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

UK Production Figures Exceed Forecasts, GBP INR Exchange Rate Accelerates

10 Feb 2017 at 11 AM - Written by Toni Johnson

UK Production Figures Exceed Forecasts, GBP INR Exchange Rate Accelerates
GBP INR Exchange Rate Climbs on News of Rising UK Manufacturing Production Activity The morning’s UK ecostats have proven beneficial to GBP INR, with rising manufacturing production figures in December boosting support for Sterling. Other data has seen annual industrial production more than double from 2.2% to 4.3%, while the December...

CATEGORIES: Pound Rupee Forecasts

GBP NOK Exchange Rate Climbs ahead of Major Article 50 Vote in House of Commons

9 Feb 2017 at 4 PM - Written by Toni Johnson

GBP NOK Exchange Rate Climbs ahead of Major Article 50 Vote in House of Commons
The British Pound to Norwegian Krone exchange rate continued to trend near its best weekly levels on Thursday as low demand for oil made it difficult for the Krone to capitalise on a weakened Pound. Demand for Sterling slipped on Thursday afternoon after it was confirmed that Bank of England (BoE) hawk Kristin Forbes would be leaving the...

CATEGORIES: Norwegian Krone Forecasts