Latest Articles by James Fuller

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

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

GBP NZD Exchange Rate Update: Sterling Up 0.3% with NZ in ‘Productivity Recession’

14 Aug 2017 at 4 PM - Written by James Fuller

GBP NZD Exchange Rate Update: Sterling Up 0.3% with NZ in ‘Productivity Recession’
The Pound’s gains against the New Zealand Dollar today are primarily due to the latter’s weakness, rather than any particularly good UK news. GBP Recap: Pound Advances despite Brexit Fears Ahead of a high-impact inflation rate announcement, the Pound has risen against the New Zealand Dollar. This comes on a week where UK...

CATEGORIES: Pound New Zealand Dollar Forecasts

US Dollar to British Pound Exchange Rate Sturdy on US Non-Farm Payrolls

7 Aug 2017 at 1 PM - Written by James Fuller

US Dollar to British Pound Exchange Rate Sturdy on US Non-Farm Payrolls
Last week saw the US Dollar to British Pound exchange rate briefly hit its worst levels all year, but Sterling was unable to hold those gains due to the latest Bank of England (BoE) decision and US Non-Farm Payroll news. After beginning last week at around 0.7614, USD/GBP tumbled and hit a 2017 low of 0.7543. After that the pair recovered...

CATEGORIES: Dollar Pound Forecasts

Rip-roaring Canadian GDP Sends Pound Sterling Canadian Dollar (GBP CAD) Tumbling

28 Jul 2017 at 5 PM - Written by James Fuller

Rip-roaring Canadian GDP Sends Pound Sterling Canadian Dollar (GBP CAD) Tumbling
• Pound Sterling / Canadian Dollar Slips to 1.6279 – Canadian Dollar / Pound Sterling Hits 0.6136 • Canadian GDP Beats Expectations – Rate hike bets increase • Pound Bolstered by Talks of a Softer Brexit – Proposals of Transitionary Period Assuage Some Fears The Pound to Canadian Dollar exchange rate took a sharp tumble today...

CATEGORIES: Canadian Dollar Forecasts

GBP/CAD Climbs as BoE’s McCafferty Signals Change to QE

13 Jul 2017 at 3 PM - Written by James Fuller

GBP/CAD Climbs as BoE’s McCafferty Signals Change to QE
The British Pound is rising sharply against the Canadian Dollar today on the back of hawkish signs from Bank of England (BoE) monetary policymaker Ian McCafferty. GBP/CAD has now risen 0.4% to 1.6500. McCafferty has caused a stir today after suggesting that the quantitative easing programme could be ended earlier than originally...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CHF Exchange Rate Holds Near Highs on Central Bank News

16 Jun 2017 at 12 PM - Written by James Fuller

GBP to CHF Exchange Rate Holds Near Highs on Central Bank News
This week’s central bank news has proven to be the biggest influence on the British Pound to Swiss Franc exchange rate. Investors bought the Pound after a surprising Bank of England (BoE) meeting but the Swiss National Bank (SNB) meeting was predictably cautious. As a result the Pound has recovered from its worst levels. GBP/CHF briefly...

CATEGORIES: Pound Swiss Franc Forecasts

USD JPY Exchange Rate Tumbles as Markets Brace for Comey Testimony

7 Jun 2017 at 3 PM - Written by James Fuller

USD JPY Exchange Rate Tumbles as Markets Brace for Comey Testimony
The US Dollar Japanese Yen (USD JPY) exchange rate trended lower on Wednesday as investors become increasingly cautious ahead of former FBI Director, James Comey's testimony in front of Congress on Thursday. Mr Comey, who was fired by President Trump at the start of May, is expected to testify on allegations that Trump attempted to...

CATEGORIES: American Dollar Forecasts