Latest Articles by James Fuller

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

GBP/AUD Exchange Rate Rises 0.3% as Hopes Rise for May UK Interest Rate Hike

20 Apr 2018 at 1 PM - Written by James Fuller

GBP/AUD Exchange Rate Rises 0.3% as Hopes Rise for May UK Interest Rate Hike
The Pound to Australian Dollar (GBP/AUD) exchange rate saw an overall (if minor) rise on 19th April, with an advance from the opening level of 1.8227 to close around 1.8236. The day’s main UK economic news was a set of data releases for retail sales in March. Levels of sales activity slowed, which initially prompted a sharp devaluation...

CATEGORIES: Pound Australian Dollar Forecasts

Euro to Pound Exchange Rate Forecast: Are EUR/GBP Losses Incoming on Falling Eurozone Confidence?

19 Apr 2018 at 3 PM - Written by James Fuller

Euro to Pound Exchange Rate Forecast: Are EUR/GBP Losses Incoming on Falling Eurozone Confidence?
On 18th April’s trading session, the Euro to Pound exchange rate (EUR/GBP) opened in the region of 0.8653 and rose to close higher around 0.8714. This appreciation was primarily because the Pound tumbled in value during the day; the morning’s Eurozone data ended up missing forecasts. In the former case, Sterling was significantly...

CATEGORIES: Euro Pound Forecasts

Pound to Australian Dollar Exchange Rate Forecast to Rally on UK Inflation Rate Slowdown

17 Apr 2018 at 5 PM - Written by James Fuller

Pound to Australian Dollar Exchange Rate Forecast to Rally on UK Inflation Rate Slowdown
On 16th April, the Pound to Australian Dollar (GBP/AUD) exchange rate saw an overall advance, having opened trading in the region of 1.8330 and closed around 1.8448. This GBP/AUD rise was mainly down to Pound trader optimism about the week’s UK economic announcements - the hope was that they could raise the chances of a Bank of England...

CATEGORIES: Pound Australian Dollar Forecasts

GBP USD Exchange Rate Accelerates on Rising US Jobless Claims Figures

12 Apr 2018 at 4 PM - Written by James Fuller

GBP USD Exchange Rate Accelerates on Rising US Jobless Claims Figures
Even though March’s Federal Open Market Committee (FOMC) meeting minutes proved a little more hawkish in tone this failed to knock the Pound US Dollar (GBP/USD) exchange rate off an uptrend for long. The minutes were not particularly surprising, given the recent trend of solid US data and rising inflationary pressure. All in all, the...

CATEGORIES: Pound Dollar Forecasts

Pound to Canadian Dollar Exchange Rate Drops One Year ahead of Brexit Transition

29 Mar 2018 at 2 PM - Written by James Fuller

Pound to Canadian Dollar Exchange Rate Drops One Year ahead of Brexit Transition
Over the course of Wednesday’s trading session, the Pound to Canadian Dollar exchange rate saw a gradual decline from an opening level of 1.8255 to later close around 1.8189. The only major UK data out on 28th March was a Confederation of British Industry (CBI) distributive trades reading, which showed a much greater decline in March...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/DKK Exchange Rate Update: Sterling Drops on UK Business Worries about Brexit

27 Mar 2018 at 3 PM - Written by James Fuller

GBP/DKK Exchange Rate Update: Sterling Drops on UK Business Worries about Brexit
On Monday, the Pound to Danish Krone exchange rate saw a gradual decline over the course of daily trading. The GBP/DKK exchange rate opened in the region of 8.5286, but later closed down lower around 8.5077 by the evening. There was little direct UK economic data to refer to, so instead the Pound was affected by speculation about the...

CATEGORIES: Pound Sterling Forecasts

GBP to USD Exchange Rate Advances as US Political and Trade Uncertainties Continue to Weigh

26 Mar 2018 at 5 PM - Written by James Fuller

GBP to USD Exchange Rate Advances as US Political and Trade Uncertainties Continue to Weigh
Despite market hopes that the US was beginning talks with China over trade in efforts to avoid a ‘trade war’, the British Pound to US Dollar (GBP/USD) exchange rate continued to climb on Monday. The Pound continued to be supported by last week’s Brexit and Bank of England (BoE) news. Thanks to the Brexit and BoE developments last...

CATEGORIES: Pound Dollar Forecasts

GBP/AUD Exchange Rate Rises 0.4% as UK Wage Growth Accelerates

21 Mar 2018 at 1 PM - Written by James Fuller

GBP/AUD Exchange Rate Rises 0.4% as UK Wage Growth Accelerates
On Tuesday’s trading session, the Pound to Australian Dollar exchange rate saw a minimal increase over the course of daily trading. The GBP/AUD exchange rate opened in the range of 1.8211 on Tuesday morning and despite gains and losses during the day, closed trading marginally higher around 1.8213 in the evening. The headline news for...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/EUR Exchange Rate Advances on Higher Global Risk Sentiment

15 Mar 2018 at 5 PM - Written by James Fuller

GBP/EUR Exchange Rate Advances on Higher Global Risk Sentiment
On Wednesday, the Pound to Euro exchange rate saw a minimal advance from an opening level of 1.1275 to close higher around 1.1289 later on. Today’s GBP/EUR trading has been superior by comparison, with the Pound to Euro rate hitting 1.1316. Sterling to Euro Exchange Rate Improves on Global Economic Uncertainty The Pound has...

CATEGORIES: Pound Euro Forecasts

Daily Currency Update: GBP/EUR Exchange Rate Flat after Spring Statement Assessment

14 Mar 2018 at 5 PM - Written by James Fuller

Daily Currency Update: GBP/EUR Exchange Rate Flat after Spring Statement Assessment
On 13th March, the Pound to Euro exchange rate opened and closed at roughly the same rate. The GBP/EUR pairing opened daily trading in the region of 1.1272 on Tuesday morning and despite midday movement ended in the same position in the evening. Sterling was most strongly influenced by the spring statement, an economic summary delivered...

CATEGORIES: Pound Euro Forecasts