Latest Articles by Tim Boyer

The most recent currency news items written by author Tim Boyer.

EUR to USD Exchange Rate Recovers from Weekend Lows on Poor US Manufacturing Data

17 Jun 2019 at 4 PM - Written by Tim Boyer

EUR to USD Exchange Rate Recovers from Weekend Lows on Poor US Manufacturing Data
Investors bought the Euro to US Dollar (EUR/USD) exchange rate back up from the lows it saw over the weekend today, as markets reacted to some disappointing US data. The pair’s potential for gains was limited though, amid Eurozone inflation concerns and anticipation for upcoming Federal Reserve news. Eurozone economic concerns and some...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to AUD Exchange Rate Avoids Further Losses as Australian Growth Disappoints

5 Jun 2019 at 11 AM - Written by Tim Boyer

GBP to AUD Exchange Rate Avoids Further Losses as Australian Growth Disappoints
Thanks to a stronger than expected UK services PMI today, the UK economy has avoided contraction for now, and this as well as some disappointing Australian data has prevented the British Pound to Australian Dollar (GBP/AUD) from suffering deeper losses. However, the pair’s strength is certainly limited amid Brexit uncertainty and weak UK...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Stumbles to Four Month Worst as Cross-Party Brexit Talks Collapse

17 May 2019 at 1 PM - Written by Tim Boyer

GBP to USD Exchange Rate Stumbles to Four Month Worst as Cross-Party Brexit Talks Collapse
As Brexit concerns continue to build, the British Pound to US Dollar (GBP/USD) exchange rate has endured a second consecutive week of steep losses and the pair now trends near its worst levels since the beginning of the year. Despite US economic uncertainties, the US Dollar has been able to benefit from Pound weakness thanks to rising market...

CATEGORIES: Pound Dollar Forecasts

Pound to US Dollar Exchange Rate Tumbles from Best Conversion in one Month as Investors Avoid Taking Risks

9 May 2019 at 6 AM - Written by Tim Boyer

Pound to US Dollar Exchange Rate Tumbles from Best Conversion in one Month as Investors Avoid Taking Risks
Following last week’s impressive and solid British Pound to US Dollar exchange rate gains, GBP/USD tumbled on a combination of British political uncertainties and higher market demand for safe haven currencies like the US Dollar. Still, the US Dollar’s appeal is limited amid concerns that US-China trade tensions could negatively hit the...

CATEGORIES: Pound Dollar Forecasts

GBP to CHF Exchange Rate Climbs on Brexit Hopes and Higher Risk-Sentiment

30 Apr 2019 at 1 PM - Written by Tim Boyer

GBP to CHF Exchange Rate Climbs on Brexit Hopes and Higher Risk-Sentiment
After edging higher yesterday on slightly weaker market demand for safe haven currencies like the Swiss Franc, the British Pound to Swiss Franc (GBP/CHF) exchange rate has seen stronger gains today so far as risk-sentiment continues to rise and the Pound benefits from the latest Brexit hopes. Could the UK government really reach a Brexit...

CATEGORIES: Pound Swiss Franc Forecasts

Pound to Dollar Exchange Rates Climb Ahead of EU Summit despite Brexit Uncertainties

9 Apr 2019 at 8 PM - Written by Tim Boyer

Pound to Dollar Exchange Rates Climb Ahead of EU Summit despite Brexit Uncertainties
Despite persisting uncertainty over the Brexit process, and the remaining possibility of the Brexit process ending with a worst-case no-deal outcome at the end of this week, the British Pound to US Dollar (GBP/USD) exchange rate has been climbing this week so far. This has been due to weakness in the US Dollar, as investors sell it from its...

CATEGORIES: Pound Dollar Forecasts

GBP to EUR Exchange Rate Kept Under Pressure amid Brexit Jitters and ZEW Eurozone Confidence Data

19 Mar 2019 at 1 PM - Written by Tim Boyer

GBP to EUR Exchange Rate Kept Under Pressure amid Brexit Jitters and ZEW Eurozone Confidence Data
The British Pound to Euro (GBP/EUR) exchange rate has struggled to hold the highs seen over the weekend, as fresh Brexit uncertainties combined with some signs of strength in the Eurozone economy kept the Pound under pressure and offered the Euro some support. Investors now anticipate upcoming Brexit news and Eurozone data. Despite a...

CATEGORIES: Pound Euro Forecasts

Pound to New Zealand Dollar Exchange Rate: GBP/NZD Firms Significant Gains despite Friday Slip

18 Mar 2019 at 4 PM - Written by Tim Boyer

Pound to New Zealand Dollar Exchange Rate: GBP/NZD Firms Significant Gains despite Friday Slip
A slight flare up in Brexit uncertainty towards the end of the week ultimately had little impact on the British Pound to New Zealand Dollar (GBP/NZD) exchange rate, as fading concerns that a no-deal Brexit was possible helped the Pound to sustain major gains. Still, the New Zealand Dollar was able to push GBP/NZD back slightly from its...

CATEGORIES: Pound New Zealand Dollar Forecasts Pound Norwegian Krone Forecasts

GBP to JPY Exchange Rate Trends near 2019 Best as Yen Fails to Capitalise on Safe Haven Demand

28 Feb 2019 at 4 PM - Written by Tim Boyer

GBP to JPY Exchange Rate Trends near 2019 Best as Yen Fails to Capitalise on Safe Haven Demand
Despite higher market demand for safe haven currencies yesterday, investors eventually favoured the US Dollar (USD) due to strong US data and as a result the British Pound to Japanese Yen (GBP/JPY) exchange rate was more easily able to hold its best levels all year. The Pound’s Brexit rally ran out of steam, but the currency was still...

CATEGORIES: Pound Yen Forecasts

British Pound (?) to Euro (?) Exchange Rate: GBP/EUR Slips as Fresh UK Political Jitters Weigh

20 Feb 2019 at 4 PM - Written by Tim Boyer

British Pound (?) to Euro (?) Exchange Rate: GBP/EUR Slips as Fresh UK Political Jitters Weigh
The Brexit speculation and hopes that gave the British Pound to Euro (GBP/EUR) exchange rate a leg up yesterday quickly lightened today, as the pair slipped from its best levels. Fresh political uncertainties emerged in Britain too, putting further pressure on the Brexit-embattled Pound. Could GBP/EUR be in for a bigger shift in trajectory...

CATEGORIES: Daily Currency Updates Pound Euro Forecasts