Latest Articles by James Fuller

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

GBP to USD Exchange Rate Fluctuates on Rising UK Inflation

12 Dec 2017 at 1 PM - Written by James Fuller

GBP to USD Exchange Rate Fluctuates on Rising UK Inflation
A higher than expected UK Consumer Price Index (CPI) report had little effect on the British Pound to US Dollar exchange rate on Tuesday. Investors of both currencies are anticipating key data and central bank news coming later in the week. Following last week’s slip from 1.3475 to 1.3385, GBP/USD has continued to trend lower. On Tuesday...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Surges on Hopes of Brexit Breakthrough

4 Dec 2017 at 2 PM - Written by James Fuller

GBP to USD Exchange Rate Surges on Hopes of Brexit Breakthrough
Could the Pound to US Dollar exchange rate be in for another week of gains? That could be the case if major breakthroughs are made in UK EU Brexit negotiations in the coming sessions. On Monday, it emerged that EU negotiators were optimistic about a deal being reached, boosting Sterling. Despite improving demand for the US Dollar, last...

CATEGORIES: Pound Dollar Forecasts

EUR to GBP Exchange Rate Edges Higher as Brexit Border Concerns Dent Sterling

28 Nov 2017 at 4 PM - Written by James Fuller

EUR to GBP Exchange Rate Edges Higher as Brexit Border Concerns Dent Sterling
The latest concerns about the ongoing Brexit process have once again gripped Euro to British Pound exchange rate traders, with investors now increasingly concerned about disagreements about the border between Northern Ireland and Ireland. The Euro has largely held its ground. After advancing slightly from 0.8922 to 0.8946 last week, EUR...

CATEGORIES: Euro Pound Forecasts

Pound to Euro Rate Rise Triggered by Cautious Optimism about Brexit

7 Nov 2017 at 12 PM - Written by James Fuller

Pound to Euro Rate Rise Triggered by Cautious Optimism about Brexit
On Monday’s trading session, the Pound to Euro rate rose from an opening range of 1.1261 to close higher at 1.1343. Today, GBP/EUR has been trading in the region of 1.1366. This has been part of a continuing rise in the pairing, but is not as good as last week’s high of 1.1446. Pound Appreciates after Government Reassures on...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rates Climb on a Positive UK Services PMI

3 Nov 2017 at 4 PM - Written by James Fuller

GBP EUR Exchange Rates Climb on a Positive UK Services PMI
The Pound Euro exchange rate tumbled yesterday as the market response to the perceivably dovish Bank of England (BoE) meeting minutes undermined news that the Monetary Policy Committee (MPC) voted for the first rate hike in a decade. This changed on Friday, however, with a positive UK Markit services PMI shifting things back into the...

CATEGORIES: Pound Euro Forecasts

High-Stakes BoE Rate Decision Triggers GBP/NZD Rally

30 Oct 2017 at 5 PM - Written by James Fuller

High-Stakes BoE Rate Decision Triggers GBP/NZD Rally
During the previous week, the Pound saw a rise of over a cent against the New Zealand Dollar, from Monday’s opening rate of 1.8979 to close higher at 1.9091 on Friday. This was not the best weekly rate, however, as on Wednesday the GBP/NZD pairing rose to 1.9314. GBP NZD Exchange Rate Surges as Traders Price in BoE Rate Hike The...

CATEGORIES: Pound New Zealand Dollar Forecasts

Daily GBP AUD Update: Pound Sheds Gains over Poor UK Construction Performance

3 Oct 2017 at 4 PM - Written by James Fuller

Daily GBP AUD Update: Pound Sheds Gains over Poor UK Construction Performance
On Monday’s trading session, the Pound fell by over a cent against the Australian Dollar. From an opening exchange rate of 1.7066, the GBP/AUD pairing later closed in the area of 1.6951. Pound Dips against Australian Dollar on Construction Disappointment A surprise sign of contraction in the UK construction industry has damaged Pound...

CATEGORIES: Pound Australian Dollar Forecasts

GBP USD Tumbles in the Wake of Theresa May’s Brexit Speech

22 Sep 2017 at 4 PM - Written by James Fuller

GBP USD Tumbles in the Wake of Theresa May’s Brexit Speech
The Pound US Dollar exchange rate tumbled this afternoon in the wake of UK Prime Minister Theresa May’s Brexit speech, an event that failed to quell investor anxiety regarding Brexit negotiations. Theresa May’s Calls for two-year 'period of implementation’, GBP Continues to fall Sterling fell sharply at the end of this trading...

CATEGORIES: Pound Dollar Forecasts

The Pound-to-Euro Exchange Rate Outlook: Up to €1.103 as GBP Traders Await Today's UK Inflation

12 Sep 2017 at 8 AM - Written by James Fuller

The Pound-to-Euro Exchange Rate Outlook: Up to €1.103 as GBP Traders Await Today's UK Inflation
The pound to euro exchange rate has continued to rise on Tuesday 12th September, quoted at £1 = €1.10321 ahead of today's key sterling-related risk event: the UK inflation. Will GBP/EUR extend its recent uptrend or see a reversal? In their latest brief to clients Lloyds note key levels to watch: "As we head into today’s inflation...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts Pound St Forecasts

EUR to GBP Exchange Rate Hits Weekly Low Ahead of ECB Meeting

6 Sep 2017 at 5 PM - Written by James Fuller

EUR to GBP Exchange Rate Hits Weekly Low Ahead of ECB Meeting
Underwhelming Eurozone data and a Pound recovery from its recent lows have seen the Euro to British Pound exchange rate drop again this week. The pair trended near the level of 0.9132 – its worst level in over two weeks. However, it remains relatively close to last week’s 8-year-high of 0.9306. EUR Demand Weighed by ECB Uncertainty...

CATEGORIES: Euro Pound Forecasts