Latest Articles by James Fuller

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

GBP to USD Exchange Rate Hits Worst Level Since August 2017 as ‘No Deal’ Brexit Fears Worsen

6 Aug 2018 at 4 PM - Written by James Fuller

GBP to USD Exchange Rate Hits Worst Level Since August 2017 as ‘No Deal’ Brexit Fears Worsen
A strong US Dollar easily capitalised on a broadly weak Pound last week and the British Pound to US Dollar (GBP/USD) exchange rate tumbled as Brexit jitters weighed on Britain’s economic outlook, while the US Dollar benefitted from market expectations that the US economy would continue to strengthen over the coming year. Initially after...

CATEGORIES: Pound Dollar Forecasts

GBP/ZAR Exchange Rate News: Pound to Rand Advance Triggered by Rising US Dollar

26 Jul 2018 at 5 PM - Written by James Fuller

GBP/ZAR Exchange Rate News: Pound to Rand Advance Triggered by Rising US Dollar
On Wednesday, the Pound opened trading against the South African Rand at a level of 17.4681 and later closed down lower at 17.3054. This decline in the value of the Pound was caused by a cautious trader reaction to Confederation of British Industry (CBI) data covering retail activity in July. The CBI’s distributive trades reading...

CATEGORIES: Pound Rand Forecasts

GBP to USD Exchange Rate Flat as Trump Comments Keep Pressure on USD

23 Jul 2018 at 4 PM - Written by James Fuller

GBP to USD Exchange Rate Flat as Trump Comments Keep Pressure on USD
Despite Brexit jitters and UK economic uncertainties knocking the Pound much lower last week, the British Pound to US Dollar (GBP/USD) exchange rate has been able to hold its ground following a recovery on Friday. This has been due to market reaction towards comments from US President Donald Trump leaving the US Dollar unappealing. After...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling to Swiss Franc (GBP/CHF) Exchange Rate Dips on Brexit Concerns

23 Jul 2018 at 4 PM - Written by James Fuller

Pound Sterling to Swiss Franc (GBP/CHF) Exchange Rate Dips on Brexit Concerns
Last week saw the Pound to Swiss Franc exchange rate open in the region of 1.3256 on Monday and close down lower at 1.3030 on Friday. This progressive deterioration in the value of the Pound was caused by a series of poor UK data releases, starting off with Tuesday’s jobs market data. Jobless claims rose in June and the pace of wage...

CATEGORIES: Swiss Franc Forecasts

GBP to NZD Exchange Rate Investors Await Key NZ and UK Inflation Results

16 Jul 2018 at 2 PM - Written by James Fuller

GBP to NZD Exchange Rate Investors Await Key NZ and UK Inflation Results
Despite broad uncertainties about the Brexit process, risk-aversion ultimately got to the New Zealand Dollar again last week and the British Pound to New Zealand Dollar (GBP/NZD) exchange rate advanced. On Monday, the New Zealand Dollar saw mixed trade as investors anticipated major New Zealand inflation data. After opening last week at...

CATEGORIES: Pound New Zealand Dollar Forecasts

Daily Pound News: GBP/AUD Exchange Rate Drops -0.7% as Boris Johnson Resigns

9 Jul 2018 at 4 PM - Written by James Fuller

Daily Pound News: GBP/AUD Exchange Rate Drops -0.7% as Boris Johnson Resigns
Last week, the Pound to Australian Dollar (GBP/AUD) exchange rate opened trading in the region of 1.7847 and closed up higher around 1.7883. This appreciation for GBP was mainly down to UK PMI data releases, which printed above forecasts in all fields. The reported services sector growth seen in June was an especially supportive data...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to NZD Exchange Rate Edges Higher Amid Lack of ‘Kiwi’ Support

2 Jul 2018 at 5 PM - Written by James Fuller

GBP to NZD Exchange Rate Edges Higher Amid Lack of ‘Kiwi’ Support
A lack of market reasons to buy the New Zealand Dollar, as well as huge bets that the ‘Kiwi’ will fall against the US Dollar (USD), made it easier for the British Pound to New Zealand Dollar (GBP/NZD) exchange rate to advance on Monday. However, Sterling’s gains were limited as Brexit jitters remained. Last week’s worsening in...

CATEGORIES: Pound New Zealand Dollar Forecasts

EUR to USD Exchange Rate Recovers Thanks to Breakthrough in EU Migrant Deal

29 Jun 2018 at 11 AM - Written by James Fuller

EUR to USD Exchange Rate Recovers Thanks to Breakthrough in EU Migrant Deal
In the middle of the week, the Euro to US Dollar (EUR/USD) exchange rate tumbled as mixed Eurozone confidence stats and trade uncertainties weighed on the Euro. However, as a breakthrough in the issue of the EU migrant crisis appeared to be reached on Friday the Euro to US Dollar exchange rate recovered. After opening this week at the...

CATEGORIES: Euro Forecasts

GBP/NZD News: Pound Sterling to New Zealand Dollar Exchange Rate Rises 0.3% on RBNZ Caution

28 Jun 2018 at 5 PM - Written by James Fuller

GBP/NZD News: Pound Sterling to New Zealand Dollar Exchange Rate Rises 0.3% on RBNZ Caution
Yesterday saw the Pound to New Zealand Dollar exchange rate open in the region of 1.9311 at the start of daily trading. Despite an early rise to a rate of 1.9408, the GBP/NZD pairing ultimately closed down lower around 1.9319 by the evening. The main factor lowering demand for the Pound yesterday was the concern that not enough progress...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to CHF Exchange Rate Continues to Tumble as Swiss Government Hints at Further Franc Strength

19 Jun 2018 at 2 PM - Written by James Fuller

GBP to CHF Exchange Rate Continues to Tumble as Swiss Government Hints at Further Franc Strength
Demand for safe haven currencies like the Swiss Franc has surged this week, due to market jitters surrounding the possibility of a US-sparked global trade war. This has been the primary cause of British Pound to Swiss Franc (GBP/CHF) exchange rate losses this week, but domestic factors have only exacerbated GBP/CHF losses. Concerns about...

CATEGORIES: Pound Swiss Franc Forecasts