Latest Articles by Toni Johnson
The most recent currency news items written by author Toni Johnson.
GBP ZAR Exchange Rate Surges on UK Election Speculation
19 Apr 2017 at 3 PM - Written by Toni Johnson
STORY LINK GBP ZAR Exchange Rate Surges on UK Election Speculation
The GBP ZAR exchange rate has surged over the last 24 hours following the surprise announcement from Prime Minister Theresa May that she is seeking to hold an early general election on the 8th of June.
In her announcement the PM reasoned that her decision to call an early election was due to the political split in parliament saying that...
CATEGORIES: Pound Rand Forecasts
GBP/USD Flat after Trump Calls USD Overvalued
13 Apr 2017 at 12 PM - Written by Toni Johnson
STORY LINK GBP/USD Flat after Trump Calls USD Overvalued
The Pound Sterling to US Dollar exchange rate is stuck around opening levels of 1.2541 today, as weak UK housing market data clashes with market aversion to USD.
GBP Holds Firm despite Housing Market Data Weakness
The latest house price balance from the Royal Institution of Chartered Surveyors (RICS) may have held steady at 22%, but...
CATEGORIES: Pound Dollar Forecasts
GBP/JPY Climbs Higher, but Economic Worries Remain
7 Apr 2017 at 4 PM - Written by Toni Johnson
STORY LINK GBP/JPY Climbs Higher, but Economic Worries Remain
Towards the end of the week’s European session, the British Pound to Japanese Yen exchange rate neared its weekly lows once again due to solid demand for ‘safe haven’ currencies and weakness in the Pound.
The Pound could see an increase in demand next week if Britain’s March Consumer Price Index (CPI) results beat expectations....
CATEGORIES: Pound Yen Forecasts
USD/JPY Slides despite Japanese Retail Sales Slump
30 Mar 2017 at 4 PM - Written by Toni Johnson
STORY LINK USD/JPY Slides despite Japanese Retail Sales Slump
The US Dollar to Japanese Yen exchange rate trended flatly on Thursday afternoon, just below the week’s opening levels after fluctuating earlier in the day.
The latest US data gave the ‘Greenback’ some additional support but this was not enough to give USD/JPY a notable boost. The final Q4 US Gross Domestic Product (GDP) report beat...
CATEGORIES: American Dollar Forecasts
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
STORY LINK 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
STORY LINK 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
STORY LINK 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 USD Exchange Rate Slides as UK House Prices Plummet
7 Mar 2017 at 2 PM - Written by Toni Johnson
STORY LINK 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.
CATEGORIES: Daily Currency Updates Dollar Pound Forecasts