Latest Articles by James Fuller

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

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

AUD/NZD Exchange Rate Movement Stalled ahead of US Trade Tariff Announcement

6 Sep 2018 at 5 PM - Written by James Fuller

AUD/NZD Exchange Rate Movement Stalled ahead of US Trade Tariff Announcement
Wednesday saw the Australian Dollar open trading against the New Zealand Dollar at a level of NZ$1.0966 and close lower around NZ$1.0913. Yesterday’s headline Australian news was that the pace of GDP growth had accelerated in Q2 2018. Despite the year-on-year rise from 3.2% to 3.4%, however, the Australian Dollar failed to gain...

CATEGORIES: Australian Dollar Forecasts

Signs of UK-German Brexit Breakthrough Trigger Sharp GBP/ZAR Exchange Rate Rise

5 Sep 2018 at 3 PM - Written by James Fuller

Signs of UK-German Brexit Breakthrough Trigger Sharp GBP/ZAR Exchange Rate Rise
Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 1.9% on Sign of Brexit Breakthrough The Pound (GBP) has risen sharply against the South African Rand (ZAR) today, in addition to trading higher against most other currency peers. This recent surge in demand for Sterling has been caused by the latest Brexit developments...

CATEGORIES: Pound Rand Forecasts

GBP to AUD Exchange Rate Fails to Advance Despite Stronger UK Services Stats

5 Sep 2018 at 1 PM - Written by James Fuller

GBP to AUD Exchange Rate Fails to Advance Despite Stronger UK Services Stats
Earlier this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate slipped on Brexit uncertainties, as well as a surprisingly neutral tone from the Reserve Bank of Australia (RBA) lightening some of the market’s bearishness on the Australian Dollar. Global trade uncertainties persisted on Wednesday, but GBP/AUD failed to...

CATEGORIES: Pound Australian Dollar Forecasts

EUR to USD Exchange Rate Continues to Advance amid US Political Uncertainty

22 Aug 2018 at 3 PM - Written by James Fuller

EUR to USD Exchange Rate Continues to Advance amid US Political Uncertainty
Despite a lack of fresh Eurozone data on Wednesday, the Euro to US Dollar (EUR/USD) exchange rate has continued to climb. The US Dollar continues to be sold off this week, as the latest US political uncertainties appeared to put an end to weeks of US Dollar hawkishness. Following last week’s brief dip to a yearly low of 1.1304, EUR/USD...

CATEGORIES: Euro Forecasts

EUR to GBP Exchange Rate Sheds Most of Last Week’s Gains as Turkey Jitters Persist

20 Aug 2018 at 4 PM - Written by James Fuller

EUR to GBP Exchange Rate Sheds Most of Last Week’s Gains as Turkey Jitters Persist
Despite a lack of fresh market reasons to buy the Pound this week so far, the Euro to British Pound (EUR/GBP) exchange rate slipped on Monday. The Euro remained unappealing thanks to speculation that a potential Turkish Lira (TRY) currency crisis could have a negative influence on Eurozone banks. Last week saw the EUR/GBP exchange rate...

CATEGORIES: Euro Pound Forecasts