Latest Articles by Toni Johnson

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

Brexit Fears Send GBP NZD Exchange Rate to 2-Month Low

13 Jan 2017 at 11 AM - Written by Toni Johnson

Brexit Fears Send GBP NZD Exchange Rate to 2-Month Low
The Pound to New Zealand Dollar exchange rate fell on Thursday as Brexit jitters returned once the UK government announced that Prime Minister Theresa May’s Brexit speech would take place this coming Tuesday. The ‘Kiwi’ held firm on lasting risk-sentiment. GBP/NZD began the week trending at the level of 1.7662 and as of Friday...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

12 Jan 2017 at 4 PM - Written by Toni Johnson

Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week
The Pound to US Dollar exchange rate slipped from its best levels on Thursday afternoon and fell below the week’s opening levels once again. Sterling became jittery as it was confirmed that UK Prime Minister Theresa May would hold her major Brexit speech next Tuesday. Markets fear May will confirm that she will not be seeking single...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook

5 Jan 2017 at 4 PM - Written by Toni Johnson

Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook
The Pound to Canadian Dollar exchange rate failed to recover from its worst levels since October 2016 on Thursday afternoon, as the ‘Loonie’ continued to be boosted by the latest oil news. Prices of brent crude oil gained almost 1% throughout the day to reach US$56.95 per barrel, and with OPEC’s oil output cap plans taking effect...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

Pound Sterling (GBP) to US Dollar (USD) Falls as Hard Brexit Concerns Continue to Weigh

28 Dec 2016 at 2 PM - Written by Toni Johnson

Pound Sterling (GBP) to US Dollar (USD) Falls as Hard Brexit Concerns Continue to Weigh
The Pound to US Dollar exchange rate fell swiftly when UK markets reopened on Wednesday following the long holiday weekend, as a lack of fresh supporting factors for GBP left the currency weak. GBP/USD lost around two cents in value last week and settled on the level of 1.2278. While it trended flatly amid quiet trade earlier this week, it...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP USD Exchange Rate Slides as Public Borrowing Skyrockets

21 Dec 2016 at 11 AM - Written by Toni Johnson

GBP USD Exchange Rate Slides as Public Borrowing Skyrockets
The GBP USD exchange rate continued to slide today as the latest figures for Public Sector Borrowing accelerated faster than expected. Pound US Dollar (GBP USD) Falls as Borrowing Rises The Pound US Dollar (GBP USD) exchange rate fell this morning following the release of the public borrowing report showing that the UK government was...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterling Forecasts

Currency News: Impressive UK Inflation Sees Pound US Dollar Exchange Rate Climb

13 Dec 2016 at 3 PM - Written by Toni Johnson

Currency News: Impressive UK Inflation Sees Pound US Dollar Exchange Rate Climb
The Pound to US Dollar exchange rate succeeded in holding its Monday gains and continued edging higher thanks to the day’s solid UK Consumer Price Index (CPI) results. Expectations of a Fed rate hike kept the ‘Greenback’ firm. GBP/USD has gained over a cent since markets opened this week. On Monday, GBP/USD climbed from opening...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

Surprise UK Industrial Output Contraction Weighs on Pound Euro Exchange Rate

7 Dec 2016 at 12 PM - Written by Toni Johnson

Surprise UK Industrial Output Contraction Weighs on Pound Euro Exchange Rate
Disappointing UK Production Data Softened Pound Sterling Exchange Rates Investors were disappointed when October’s UK industrial and manufacturing figures fell significantly short of forecast, showing an unexpected contraction across the board. This naturally undermined confidence in Pound Sterling (GBP), indicating that the UK...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts Pound Sterling Forecasts

Pound Sterling (GBP) to Euro (EUR) Flatter after Giving up Thursday Boost

2 Dec 2016 at 10 AM - Written by Toni Johnson

Pound Sterling (GBP) to Euro (EUR) Flatter after Giving up Thursday Boost
The Pound to Euro exchange rate surged during the middle of Thursday’s trade session as Sterling was bolstered by new hopes of a soft Brexit. However, this movement didn’t last and by the end of the day GBP/EUR had given up most of its gains due to a bout of profit-taking. GBP/EUR is still up slightly from the week's opening level of...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts Pound Sterling Forecasts

Pound Dollar Exchange Rate Trended Lower after Strong US Employment Data

30 Nov 2016 at 4 PM - Written by Toni Johnson

Pound Dollar Exchange Rate Trended Lower after Strong US Employment Data
Pound Demand Limited by Weaker Consumer Confidence Index Disappointingly, the GfK consumer confidence survey for November indicated a further weakening of sentiment from -3 to -8, limiting the appeal of Pound Sterling (GBP) on Wednesday. This somewhat undermined the bullishness of October’s mortgage approvals and net consumer credit...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterling Forecasts

GBP/EUR Slips as Weaker US Dollar Boosts Euro

25 Nov 2016 at 12 PM - Written by Toni Johnson

GBP/EUR Slips as Weaker US Dollar Boosts Euro
The Pound Sterling to Euro exchange rate is edging down from a recent ten-week high. Chancellor Philip Hammond’s Autumn Statement was largely considered to be free from unpleasant surprises. Investors were cheered by news of increased business investment; Hammond seems to have plumped for long-term growth over short term economic...

CATEGORIES: Currency Predictions Euro Forecasts Pound Sterling Forecasts