Latest Articles by James Fuller

The most recent currency news items written by author James Fuller.

GBP to USD Exchange Rate Benefits from UK Job Market Report and Lasting Risk-Sentiment

19 Feb 2019 at 4 PM - Written by James Fuller

GBP to USD Exchange Rate Benefits from UK Job Market Report and Lasting Risk-Sentiment
Mixed UK data and Brexit uncertainties didn’t prevent the British Pound to US Dollar (GBP/USD) exchange rate from extending its recovery attempts today, as Pound investors reacted with optimism to some stats while the US Dollar’s strength was limited by optimism surrounding US-China trade developments. Last week saw GBP/USD trending...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Nears Worst Levels Again as Brexit Jitters Combine with Risk-Sentiment

14 Feb 2019 at 1 PM - Written by James Fuller

GBP to CAD Exchange Rate Nears Worst Levels Again as Brexit Jitters Combine with Risk-Sentiment
The Canadian Dollar has been steadily gaining this week thanks to stronger commodity prices and rising market demand for riskier trade-correlated currencies. The British Pound to Canadian Dollar (GBP/CAD) exchange rate trended near its worst levels since last month as Brexit jitters made the Pound particularly unappealing. Since opening...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to EUR Exchange Rate Rebounds Slightly Following Tuesday’s No-deal Brexit Panic Plunge

30 Jan 2019 at 11 AM - Written by James Fuller

GBP to EUR Exchange Rate Rebounds Slightly Following Tuesday’s No-deal Brexit Panic Plunge
A weaker US Dollar (USD) has left the Euro more appealing this week, and this helped it to push the British Pound to Euro (GBP/EUR) exchange rate lower in recent sessions. The Euro also capitalised on the Pound’s Tuesday evening Brexit-related weakness, but the pair rebounded slightly on Wednesday morning as Brexit hopes persisted. After...

CATEGORIES: Pound Euro Forecasts

GBP to NZD Exchange Rate Slips from Best Levels on Late-Week Trade Speculation

18 Jan 2019 at 11 AM - Written by James Fuller

GBP to NZD Exchange Rate Slips from Best Levels on Late-Week Trade Speculation
The New Zealand Dollar has had a bearish week, as risk-aversion and domestic concerns about New Zealand’s economic outlook made it easier for a slightly stronger British Pound to New Zealand Dollar (GBP/NZD) exchange rate to sustain solid gains. On Friday, demand for the ‘Kiwi’ improved slightly, while the Pound’s modest...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Tests Weekly Best as Federal Reserve Disappoints Markets

20 Dec 2018 at 1 PM - Written by James Fuller

GBP to USD Exchange Rate Tests Weekly Best as Federal Reserve Disappoints Markets
Despite the Federal Reserve taking a more hawkish than expected approach to US monetary policy during its December policy decision, this did more to spook markets than reassure them. As a result, the British Pound to US Dollar (GBP/USD) exchange rate actually advanced as investors digested the decision. Since opening this week at the level...

CATEGORIES: Pound Dollar Forecasts

Relief: Pound to Euro Exchange Rate Edges Away from Worst Levels despite Persisting Brexit Uncertainties

11 Dec 2018 at 8 PM - Written by James Fuller

Relief: Pound to Euro Exchange Rate Edges Away from Worst Levels despite Persisting Brexit Uncertainties
As UK PM Theresa May rushed around the EU to acquire assurances on some details of her negotiated UK-EU Brexit deal, some investors opted to buy the embattled British Pound to Euro (GBP/EUR) exchange rate back from its worst levels on Tuesday. Sterling’s gains were ultimately limited, despite economic and political uncertainties weighing on...

CATEGORIES: Pound Euro Forecasts

Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite

17 Nov 2018 at 8 AM - Written by James Fuller

Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite
Concerns that UK Prime Minister Theresa May could struggle to find enough domestic support to pass a UK-EU Brexit deal into UK law left the British Pound to Canadian Dollar (GBP/CAD) tumbling on Wednesday, despite lower oil prices weighing on demand for the oil-correlated Canadian Dollar. Since opening this week at the level of 1.7130,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election

6 Nov 2018 at 4 PM - Written by James Fuller

Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election
On Monday, the Pound to US Dollar exchange rate opened in the region of $1.3005 in the morning and closed marginally higher around $1.3063 in the evening. This appreciation was caused by optimism about an apparent ‘secret’ Brexit deal being made by Prime Minister Theresa May, although official sources were quick to deny the...

CATEGORIES: Pound Dollar Forecasts

GBP to EUR Exchange Rate Rebounds from Monthly Low Ahead of Bank of England Decision

31 Oct 2018 at 4 PM - Written by James Fuller

GBP to EUR Exchange Rate Rebounds from Monthly Low Ahead of Bank of England Decision
Despite broad market negativity on the Pound amid concerns that the UK is headed towards a worst-case scenario ‘no-deal Brexit’, the British Pound to Euro (GBP/EUR) exchange rate rebounded from its cheapest levels on Wednesday. Meanwhile, the Euro’s strength was limited by signs of weakness in Eurozone growth. Due to Tuesday’s...

CATEGORIES: Pound Euro Forecasts

GBP to ZAR Exchange Rate Recovers from Monthly Lows as South African Budget Misses Targets

24 Oct 2018 at 3 PM - Written by James Fuller

GBP to ZAR Exchange Rate Recovers from Monthly Lows as South African Budget Misses Targets
Wednesday’s session saw broad fluctuations in the British Pound to South African Rand (GBP/ZAR) exchange rate, as the latest Brexit developments spooked Pound investors while the South African Rand also plunged, due to the latest South African budget news. Despite its Wednesday afternoon surge, GBP/ZAR remains lower than the week’s...

CATEGORIES: Pound Rand Forecasts