Latest Articles by James Fuller

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

Relief: Pound to Euro Exchange Rate Edges Away from Worst Levels despite Persisting Brexit Uncertainties

11 Dec 2018 at 8 PM - Written by James Fuller

Relief: Pound to Euro Exchange Rate Edges Away from Worst Levels despite Persisting Brexit Uncertainties
As UK PM Theresa May rushed around the EU to acquire assurances on some details of her negotiated UK-EU Brexit deal, some investors opted to buy the embattled British Pound to Euro (GBP/EUR) exchange rate back from its worst levels on Tuesday. Sterling’s gains were ultimately limited, despite economic and political uncertainties weighing on...

CATEGORIES: Pound Euro Forecasts

Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite

17 Nov 2018 at 8 AM - Written by James Fuller

Pound Canadian Dollar Exchange Rate Falls from Weekly Best as Brexit Uncertainties Reignite
Concerns that UK Prime Minister Theresa May could struggle to find enough domestic support to pass a UK-EU Brexit deal into UK law left the British Pound to Canadian Dollar (GBP/CAD) tumbling on Wednesday, despite lower oil prices weighing on demand for the oil-correlated Canadian Dollar. Since opening this week at the level of 1.7130,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election

6 Nov 2018 at 4 PM - Written by James Fuller

Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election
On Monday, the Pound to US Dollar exchange rate opened in the region of $1.3005 in the morning and closed marginally higher around $1.3063 in the evening. This appreciation was caused by optimism about an apparent ‘secret’ Brexit deal being made by Prime Minister Theresa May, although official sources were quick to deny the...

CATEGORIES: Pound Dollar Forecasts

GBP to EUR Exchange Rate Rebounds from Monthly Low Ahead of Bank of England Decision

31 Oct 2018 at 4 PM - Written by James Fuller

GBP to EUR Exchange Rate Rebounds from Monthly Low Ahead of Bank of England Decision
Despite broad market negativity on the Pound amid concerns that the UK is headed towards a worst-case scenario ‘no-deal Brexit’, the British Pound to Euro (GBP/EUR) exchange rate rebounded from its cheapest levels on Wednesday. Meanwhile, the Euro’s strength was limited by signs of weakness in Eurozone growth. Due to Tuesday’s...

CATEGORIES: Pound Euro Forecasts

GBP to ZAR Exchange Rate Recovers from Monthly Lows as South African Budget Misses Targets

24 Oct 2018 at 3 PM - Written by James Fuller

GBP to ZAR Exchange Rate Recovers from Monthly Lows as South African Budget Misses Targets
Wednesday’s session saw broad fluctuations in the British Pound to South African Rand (GBP/ZAR) exchange rate, as the latest Brexit developments spooked Pound investors while the South African Rand also plunged, due to the latest South African budget news. Despite its Wednesday afternoon surge, GBP/ZAR remains lower than the week’s...

CATEGORIES: Pound Rand Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Dips but Remains Near Week’s Best Level

27 Sep 2018 at 1 PM - Written by James Fuller

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Dips but Remains Near Week’s Best Level
On Wednesday, the Pound opened trading against the Canadian Dollar at an interbank exchange rate of CA$1.7076 and closed higher around CA$1.7172. This appreciation came on rising uncertainty among Canadian Dollar traders, who were worried about the impacts of what was then a predicted US Federal Reserve interest rate hike. Pound...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/USD Exchange Rate Static ahead of Potential Crash on Fed Interest Rate Hike

26 Sep 2018 at 5 PM - Written by James Fuller

GBP/USD Exchange Rate Static ahead of Potential Crash on Fed Interest Rate Hike
On Tuesday, the Pound opened trading at a level of $1.3117 and closed higher around $1.3178. There was little domestic data, so Pound Sterling was instead supported by a sustained positive reaction to Monday’s remarks from Brexit Secretary Dominic Raab. Mr Raab rejected Prime Minister Theresa May’s assertion last week that Brexit...

CATEGORIES: Pound Dollar Forecasts

US Dollar to Pound Sterling (USD/GBP) Exchange Rate Dips -0.3% before Forecast Fed Interest Rate Hike

25 Sep 2018 at 5 PM - Written by James Fuller

US Dollar to Pound Sterling (USD/GBP) Exchange Rate Dips -0.3% before Forecast Fed Interest Rate Hike
On Monday, the US Dollar to Pound exchange rate opened at a level of £0.7645 and closed slightly lower in the region of £0.7625. The main negative influence on the US Dollar was the news that the US and China had pressed ahead with sizable trade tariffs against each other. This brought up concerns about how US businesses and...

CATEGORIES: Dollar Pound Forecasts

GBP to USD Exchange Rate Struggles to Hold Best Levels on US-China Trade Jitters

18 Sep 2018 at 12 PM - Written by James Fuller

GBP to USD Exchange Rate Struggles to Hold Best Levels on US-China Trade Jitters
The US Dollar has seen notable losses so far this week, as investors sell the strong currency from its best levels in profit-taking and amid underwhelming US data in recent sessions. However, the British Pound to US Dollar exchange rate has been unable to hold its best levels, as worsening US-China trade jitters mean that safe haven...

CATEGORIES: Pound Dollar Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Rises 0.4% on ECB Meeting Speculation

12 Sep 2018 at 5 PM - Written by James Fuller

Euro to US Dollar (EUR/USD) Exchange Rate Rises 0.4% on ECB Meeting Speculation
The Euro opened trading against the US Dollar at a level of $1.1594 on Tuesday and closed fractionally higher in the region of $1.1599. Euro to US Dollar Exchange Rate (EUR/USD) Rises 0.4% ahead of Key Eurozone Data Day The Euro (EUR) has pre-emptively risen against the US Dollar (USD) today, hitting an exchange rate of $1.1644. This...

CATEGORIES: Euro Forecasts