Latest Articles by James Fuller

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

EUR to USD Exchange Rate Touches January Worst as Data Keeps Investors Optimistic on US Economy

20 Jan 2020 at 3 PM - Written by James Fuller

EUR to USD Exchange Rate Touches January Worst as Data Keeps Investors Optimistic on US Economy
Amid a lack of fresh support for the Euro, the Euro to US Dollar (EUR/USD) exchange rate has been unable to avoid losses while the US Dollar benefits from stronger than expected US ecostats. Strong US data and hopes that the Federal Reserve will avoid a dovish stance are keeping the US Dollar sturdy in recent sessions. For now, investors are...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to CAD Exchange Rate Hits 2-Month-Worst as Canadian Outlook Stronger since Job Market Report

13 Jan 2020 at 3 PM - Written by James Fuller

GBP to CAD Exchange Rate Hits 2-Month-Worst as Canadian Outlook Stronger since Job Market Report
The British Pound to Canadian Dollar (GBP/CAD) exchange rate plunged today, and was in fact one of the worst performing major Pound pairs due to lasting strength in the Canadian Dollar. While the Pound plummeted on fresh bets that the Bank of England (BoE) could cut UK monetary policy soon, the Canadian Dollar continued to benefit from last...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Rebounds as UK Services Sector Avoids Deeper Contraction

6 Jan 2020 at 3 PM - Written by James Fuller

GBP to CAD Exchange Rate Rebounds as UK Services Sector Avoids Deeper Contraction
Today’s stronger than expected UK PMI results have sent the Pound climbing against most major currencies, and the British Pound to Canadian Dollar (GBP/CAD) exchange rate is among the pairs seeing strong gains today. This is despite prices of oil, Canada’s most lucrative commodity, only seeing further gains. Market demand for the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate Plummets as Military Action Leaves Investors Piling into Safe Havens

3 Jan 2020 at 12 PM - Written by James Fuller

GBP to USD Exchange Rate Plummets as Military Action Leaves Investors Piling into Safe Havens
A combination of limp market demand for the Pound, as well as a surge in safe haven demand, have knocked the British Pound to US Dollar (GBP/USD) exchange rate down before markets close for the week. A US air strike in Iraq took place overnight and has caused a surge in global geopolitical jitters. These fresh uncertainties have led to...

CATEGORIES: Pound Dollar Forecasts

GBP to ZAR Exchange Rate Surges as South African Growth Unexpectedly Contracts in Q3

3 Dec 2019 at 3 PM - Written by James Fuller

GBP to ZAR Exchange Rate Surges as South African Growth Unexpectedly Contracts in Q3
After sliding throughout yesterday’s session and touching lows not seen in almost a month, the British Pound to South African Rand (GBP/ZAR) exchange rate rebounded this morning and saw a surge in demand. This has been due to both a surprisingly good UK poll for the ruling Conservative Party, as well as some highly concerning developments...

CATEGORIES: Pound Rand Forecasts

GBP to AUD Exchange Rate Jumps as Westpac Predicts Further RBA Rate Cuts in 2020

27 Nov 2019 at 1 PM - Written by James Fuller

GBP to AUD Exchange Rate Jumps as Westpac Predicts Further RBA Rate Cuts in 2020
A lack of demand for the Australian Dollar in recent sessions has meant that it has been unable to push the British Pound to Australian Dollar (GBP/AUD) back further from gains seen at the beginning of the week. While the Pound outlook is volatile amid UK election polling uncertainties, the Australian Dollar saw fresh weakness today in...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to NZD Exchange Rate Fails to Recover on Election Hopes as ‘Kiwi’ Holds Ground

14 Nov 2019 at 1 PM - Written by James Fuller

GBP to NZD Exchange Rate Fails to Recover on Election Hopes as ‘Kiwi’ Holds Ground
UK election hopes boosting demand for the British Pound to New Zealand Dollar (GBP/NZD) exchange rate hasn’t been enough to help the pair to recover from yesterday’s slump, as the latest Reserve Bank of New Zealand (RBNZ) news has continued to support the New Zealand Dollar’s gains. The Pound’s potential for gains has also been...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to EUR Exchange Rate Gives up Weekly Gains after Shock Bank of England (BoE) Split

7 Nov 2019 at 1 PM - Written by James Fuller

GBP to EUR Exchange Rate Gives up Weekly Gains after Shock Bank of England (BoE) Split
For most of the week so far, the British Pound to Euro (GBP/EUR) exchange rate trended higher due to a combination of UK election hopes and concerns about the health of Germany’s economy amid broad recession fears. However, following a surprise shift in stance from Bank of England (BoE) officials today, the pair has quickly shed most of...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Firm as Eurozone Data Continues to Point towards Gloom

30 Oct 2019 at 1 PM - Written by James Fuller

GBP to EUR Exchange Rate Firm as Eurozone Data Continues to Point towards Gloom
Amid fresh fuel to flame concerns that Germany’s economy is facing a recession, the British Pound to Euro (GBP/EUR) exchange rate continues to trend with an upside bias today. This is despite investors considering fresh uncertainties regarding how Brexit and an upcoming UK General Election will unfold in the coming months, which are...

CATEGORIES: Pound Euro Forecasts

GBP to JPY Exchange Rate Gains Limited as Safe Haven Demand Returns on Tempered US-China Hopes

15 Oct 2019 at 1 PM - Written by James Fuller

GBP to JPY Exchange Rate Gains Limited as Safe Haven Demand Returns on Tempered US-China Hopes
As with many Pound exchange rates, the British Pound to Japanese Yen (GBP/JPY) exchange rate recovered from yesterday’s dip overnight thanks to this morning’s Brexit comments from EU Chief Negotiator Michel Barnier. However, the Pound’s gains against the Yen were modest and limited, as investors were hesitant to sell the safe haven...

CATEGORIES: Pound Yen Forecasts