Latest Articles by Toni Johnson

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

GBP NZD Exchange Rate Rises as Conservative-DUP Deal is Signed

26 Jun 2017 at 1 PM - Written by Toni Johnson

GBP NZD Exchange Rate Rises as Conservative-DUP Deal is Signed
Sterling’s recent advance still leaves GBP in a weak position, having only posted the best rate since June 21st. Pound Heads Up after DUP Deal is Finally Agreed The GBP NZD exchange rate has advanced today, thanks to a long-awaited government announcement. The Conservatives and Democratic Unionist Party (DUP) have finally reached...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP/EUR Slips Lower as Haldane Rally Cools

22 Jun 2017 at 10 AM - Written by Toni Johnson

GBP/EUR Slips Lower as Haldane Rally Cools
Demand for the British Pound generated yesterday by improving UK interest rate hike odds has dissipated today. The GBP/EUR exchange rate is stuck marginally below opening levels at 1.1339 today, as markets await the latest industry data from the Confederation of British Industry (CBI). GBP Weakens as Haldane Rally Runs out of...

CATEGORIES: Pound Euro Forecasts

GBP NZD Exchange Rate Soars after BoE Dove Hints at 2017 Interest Rate Hike

21 Jun 2017 at 1 PM - Written by Toni Johnson

GBP NZD Exchange Rate Soars after BoE Dove Hints at 2017 Interest Rate Hike
Sterling’s sharp rise against the New Zealand Dollar has been triggered by a statement from Andy Haldane, a long-time dovish BoE Monetary Policy Committee (MPC) voter. Change of Heart from BoE’s Haldane Triggers GBP Advance Although Wednesday had opened with traders focusing on the Queen’s speech, a more recent event had pushed up...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP INR Exchange Rate Tumbles on Dimming Hopes of UK Interest Rate Hike

20 Jun 2017 at 4 PM - Written by Toni Johnson

GBP INR Exchange Rate Tumbles on Dimming Hopes of UK Interest Rate Hike
Sterling’s recent decline against the Rupee is mainly due to reduced expectations of a UK interest rate hike. BoE Governor Carney Damages GBP with Rate Hike Caution The Pound has slumped by -0.6% against the Rupee today, following a dovish statement from Bank of England (BoE) Governor Mark Carney. Speaking at Mansion House, Carney...

CATEGORIES: Pound Rupee Forecasts

GBP EUR Exchange Rate Tight as Brexit Talks Begin

20 Jun 2017 at 3 PM - Written by Toni Johnson

GBP EUR Exchange Rate Tight as Brexit Talks Begin
The Pound’s latest appreciation against the Euro comes on the first day of full Brexit talks. Pound Rises on Strong Start to Brexit Talks The main cause of a Pound to Euro rise today has been the news that Brexit negotiations have finally begun. The official meeting between David Davis from the UK and Michel Barnier from the EU has...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

GBP NZD Exchange Rate Slips as UK Real Incomes Shrink

14 Jun 2017 at 12 PM - Written by Toni Johnson

GBP NZD Exchange Rate Slips as UK Real Incomes Shrink
The latest UK news has concerned traders, leading to a drop to 1.7562 in the GBP NZD exchange rate. The UK data, covering average earnings in April, has combined negatively with Tuesday’s UK inflation rate figures. Annual inflation rose to 2.9% in May, while recent wage growth figures have remained far beneath this level. With...

CATEGORIES: Pound New Zealand Dollar Forecasts

USD GBP Exchange Rate Falls as Potentially Explosive Congress Hearing Approaches

13 Jun 2017 at 3 PM - Written by Toni Johnson

USD GBP Exchange Rate Falls as Potentially Explosive Congress Hearing Approaches
The US Dollar has fallen against the Pound today, ahead of the second high-stakes congressional hearing in two weeks. Following the non-event of former FBI Director James Comey last week, today’s testimony will be from Attorney General Jeff Sessions. Sessions is facing questions from key Democrat and Republican figures, who will be...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts

GBP CAD Exchange Rate Plunges as Post-Election Panic Sets In

12 Jun 2017 at 4 PM - Written by Toni Johnson

GBP CAD Exchange Rate Plunges as Post-Election Panic Sets In
This week has opened with heavy losses for the Pound, with the GBP CAD exchange rate dropping to 1.7017, the worst result in nearly two months. In the post-election malaise, Pound traders have struggled to find positive news to latch onto. The dominant sentiment at the start of the week has been concern, due to there still not being a...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Formation of Conservative Minority Government Dents USD GBP Exchange Rate

9 Jun 2017 at 3 PM - Written by Toni Johnson

Formation of Conservative Minority Government Dents USD GBP Exchange Rate
Once the exit polls for the UK general election came in the US Dollar Pound exchange rate saw a sharp uptick overnight. However, the US Dollar struggled to hold onto its gains against the Pound for long as markets absorbed the implications of a hung parliament. As Theresa May was quick to form a partnership with the Democratic Unionist...

CATEGORIES: Dollar Pound Forecasts

USD EUR Exchange Rate Rallies as ECB Cuts Inflation Forecasts

8 Jun 2017 at 2 PM - Written by Toni Johnson

USD EUR Exchange Rate Rallies as ECB Cuts Inflation Forecasts
The USD EUR exchange rate has advanced by 0.3% today, although there has been little domestic cause for US enthusiasm. As well as rising crude oil stocks lowering oil prices for US exporters, Donald Trump has also been targeted in a potential lawsuit. The Democratic Party plans to bring the case that Trump could be influenced by foreign...

CATEGORIES: American Dollar Forecasts Euro Forecasts