Latest Articles by John Cameron

The most recent currency news items written by author John Cameron.

Pound Euro (GBP/EUR) Exchange Rate Holds Steady as US Inflation Beats Expectations

14 Feb 2018 at 4 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Holds Steady as US Inflation Beats Expectations
US Inflation Smashes Forecasts – GBP/EUR Exchange Rate Gains Support The Pound Euro (GBP/EUR) exchange rate proved resilient on Wednesday, capitalising on the highly anticipated US inflation readings and the drop in demand for the Euro that ensued. The year-on-year US consumer price index (CPI) reading printed at 2.1% in January,...

CATEGORIES: Pound Euro Forecasts

Pound Swiss Franc (GBP/CHF) Exchange Rate Fails to Capitalise on Soaring UK Inflation

13 Feb 2018 at 5 PM - Written by John Cameron

Pound Swiss Franc (GBP/CHF) Exchange Rate Fails to Capitalise on Soaring UK Inflation
UK Inflation Fails to Support GBP/CHF Exchange Rate The Pound Swiss Franc (GBP/CHF) exchange rate extended its fall on Tuesday, failing to capitalise on the UK’s soaring core inflation rate and the hype that ensued for a May rate hike. Inflation in the UK printed at 3.0% year-on-year in January, consistent with the previous period but...

CATEGORIES: Pound Swiss Franc Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Tumbles as Chinese CPI Misses its Mark

12 Feb 2018 at 5 PM - Written by John Cameron

Pound Japanese Yen (GBP/JPY) Exchange Rate Tumbles as Chinese CPI Misses its Mark
Pound (GBP) Exchange Rates Fail to Capitalise on Hawkish Comments from BoE Vlieghe The Pound Japanese Yen (GBP/JPY) exchange rate floundered on Monday morning, continuing to struggle after recent soft Chinese inflation figures prompted renewed demand for the Japanese Yen. This ongoing surge prevented the Pound from actively capitalising...

CATEGORIES: Pound Yen Forecasts

Pound Turkish Lira (GBP/TRY) Exchange Rate Soars as BoE Points to Sooner-Than-Expected Rate Hike

8 Feb 2018 at 3 PM - Written by John Cameron

Pound Turkish Lira (GBP/TRY) Exchange Rate Soars as BoE Points to Sooner-Than-Expected Rate Hike
Hawkish BoE Prompts Surge in GBP/TRY Exchange Rate The Pound Sterling Turkish Lira (GBP/TRY) exchange rate soared on ‘Super’ Thursday as markets reacted to an optimistic and slightly hawkish Bank of England (BoE) rate decision. The central bank maintained the key interest rate at 0.50% - as markets largely expected – though they...

CATEGORIES: Pound Lira Forecasts

GBP/USD Exchange Rate Slides on Brexit Uncertainty and Caution Ahead of First BoE Rate Decision of 2018

7 Feb 2018 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Slides on Brexit Uncertainty and Caution Ahead of First BoE Rate Decision of 2018
Brexit Uncertainty Continues to Limit Pound US Dollar (GBP/USD) Exchange Rate The Pound US Dollar (GBP/USD) exchange rate took a tumble on Wednesday as markets reacted to ongoing uncertainty in the Brexit negotiation process, the looming Bank of England (BoE) rate decision and optimism for today’s run of US Fed President speeches. On...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Fluctuates on Brexit Turbulence and Crude Oil Fall

6 Feb 2018 at 5 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Fluctuates on Brexit Turbulence and Crude Oil Fall
Brexit Turbulence Prompts Volatility in the GBP/CAD Exchange Rate The Pound Canadian Dollar (GBP/CAD) exchange rate fluctuated on Tuesday, rising initially in reaction to a drop in crude oil prices but falling later into the day as markets reacted to ongoing issues in the Brexit negotiation process. In respect to the latter, Sterling...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Plummets on Soft UK Data

5 Feb 2018 at 5 PM - Written by John Cameron

Pound Japanese Yen (GBP/JPY) Exchange Rate Plummets on Soft UK Data
Japan Nikkei Services PMI Inches Upward, JPY Exchange Rates Climb The Pound Japanese Yen (GBP/JPY) exchange rate tumbled on Monday as markets responded to unexpected growth within Japan’s service sector. The Nikkei Japan services Purchasing Managers’ Index (PMI) jumped to a reading of 51.9 in January, up from the previous period’s...

CATEGORIES: Pound Yen Forecasts

GBP/EUR Exchange Rate Stumbles as UK Service Sector See Dramatic Slowdown

5 Feb 2018 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate Stumbles as UK Service Sector See Dramatic Slowdown
The Pound Euro (GBP/EUR) exchange rate has stumbled this morning as the UK’s latest Services PMI came in well below expectations. Pound (GBP) Weakened by Slowdown in Service Sector Sterling has been put on the back foot this morning, following the release of the UK’s latest Services PMI. According to data compiled and published...

CATEGORIES: Pound Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Tumbles as US Wage Growth Smashes Expectations

2 Feb 2018 at 5 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Tumbles as US Wage Growth Smashes Expectations
Strong US Employment Figures Prompt Rally in USD Exchange Rates The Pound US Dollar (GBP/USD) exchange rate fell by over 1% on Friday, tumbling as markets responded to an extremely upbeat run of US employment figures and near-stagnant activity in the UK’s construction sector. On the US Dollar front, markets were very pleased to see...

CATEGORIES: Dollar Pound Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Soars as UK Manufacturing Exports Strengthen

1 Feb 2018 at 3 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Soars as UK Manufacturing Exports Strengthen
UK Manufacturing PMI Reveals Export Growth, Pound (GBP) Strengthens The Pound US Dollar (GBP/USD) exchange rate extended its lead on Thursday, strengthening despite a small contraction in the UK’s latest manufacturing snapshot. Markit’s January UK manufacturing PMI revealed a drop to 55.3, down from December’s score of 56.2 and...

CATEGORIES: Dollar Pound Forecasts