Latest Articles by Tim Boyer

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

GBP/NZD Exchange Rate News: Pound Sterling Drops after UK Wage Growth Slows

14 Aug 2018 at 4 PM - Written by Tim Boyer

GBP/NZD Exchange Rate News: Pound Sterling Drops after UK Wage Growth Slows
On Monday, the Pound to New Zealand Dollar exchange rate opened trading in the region of NZ$1.9376 and closed up higher around NZ$1.9411. This slight appreciation was caused by positive speculation that Tuesday’s UK wage growth data could show a rise in June. Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Slides on UK Wage Growth...

CATEGORIES: Pound New Zealand Dollar Forecasts

Strife in Turkey Sends Pound Australian Dollar (GBP/AUD) Exchange Rate Higher

10 Aug 2018 at 2 PM - Written by Tim Boyer

Strife in Turkey Sends Pound Australian Dollar (GBP/AUD) Exchange Rate Higher
Pound Australian Dollar (GBP/AUD) Exchange Rate Lifted by Souring Risk-Appetite The Pound Australian Dollar (GBP/AUD) exchange rate has risen today as the tumbling Turkish Lira (TRY) puts higher risk and commodity-correlated currencies on the defensive. The Australian Dollar has also weakened today amid continuing trade strife, with...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking

9 Aug 2018 at 3 PM - Written by Tim Boyer

GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking
Amid a lack of fresh reasons to sell the Pound in recent sessions, the British Pound to Euro (GBP/EUR) exchange rate recovered slightly on Thursday. However, analysts predict the Pound’s potential for gains is limited, and that its Thursday gains are likely more due to profit taking and anticipation for upcoming UK data. Due to days of...

CATEGORIES: Pound Euro Forecasts

One-Off BoE Interest Rate Hike Drags Pound to US Dollar (GBP/USD) Exchange Rate Down

2 Aug 2018 at 5 PM - Written by Tim Boyer

One-Off BoE Interest Rate Hike Drags Pound to US Dollar (GBP/USD) Exchange Rate Down
On Wednesday, the Pound to US Dollar exchange rate opened in the region of $1.3126 and closed at a similar level, making daily movement minimal. The static GBP/USD trading was down to tension among Pound Sterling traders in the lull before Thursday’s Bank of England (BoE) interest rate decision. Although a rate hike seemed likely at...

CATEGORIES: Pound Dollar Forecasts

Pound to Indian Rupee (GBP/INR) Exchange Rate Drops -0.3% after UK Consumer Confidence Slides

31 Jul 2018 at 5 PM - Written by Tim Boyer

Pound to Indian Rupee (GBP/INR) Exchange Rate Drops -0.3% after UK Consumer Confidence Slides
Monday saw the Pound to Indian Rupee exchange rate open in the region of 89.9734 and after daily fluctuations, close up slightly higher around 90.2067. There was limited high-impact UK economic data out on Monday, so instead the GBP/INR exchange rate was boosted by speculation about the Bank of England (BoE). The UK central bank will...

CATEGORIES: Pound Rupee Forecasts

Daily GBP/NZD News: Pound to New Zealand Dollar Exchange Rate Drops on CBI Sales Data

25 Jul 2018 at 4 PM - Written by Tim Boyer

Daily GBP/NZD News: Pound to New Zealand Dollar Exchange Rate Drops on CBI Sales Data
Tuesday’s GBP/NZD trading saw the Pound open in the region of NZ$1.9320 and closed slightly higher at a level of NZ$1.9328. This wasn’t the sum total of daily trading – the Pound to New Zealand Dollar exchange rate fluctuated significantly from the morning to the evening. Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup

16 Jul 2018 at 4 PM - Written by Tim Boyer

GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup
Last week’s currency movement saw the Pound to Euro exchange rate open trading in the €1.1303 and after five days of fluctuation, close up higher at a level of €1.1316. Weekly trading began on a positive note for Pound Sterling, when May’s GDP figure and a Q2 GDP estimate both showed growth. These results respectively came from...

CATEGORIES: Pound Euro Forecasts

GBP to CAD Exchange Rate Struggles to Hold Gains as Bank of Canada (BoC) Hikes Canadian Interest Rates

11 Jul 2018 at 3 PM - Written by Tim Boyer

GBP to CAD Exchange Rate Struggles to Hold Gains as Bank of Canada (BoC) Hikes Canadian Interest Rates
As UK political jitters faded and the latest Brexit developments seemed generally optimistic, the British Pound to Canadian Dollar (GBP/CAD) exchange rate edged higher ahead of the Bank of Canada’s (BoC) policy decision. Trade jitters, political developments and Central Bank news has caused wide fluctuations in GBP/CAD so far this week....

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD News: Pound Sterling to Canadian Dollar Exchange Rate Rises on Services PMI Growth

4 Jul 2018 at 4 PM - Written by Tim Boyer

GBP/CAD News: Pound Sterling to Canadian Dollar Exchange Rate Rises on Services PMI Growth
On Tuesday, the Pound opened trading against the Canadian Dollar in the region of 1.7329. There was significant GBP/CAD exchange rate volatility during the day, but Pound Sterling ultimately closed trading at a higher exchange rate of 1.7341. The day’s main UK news concerned the construction PMI for June, which printed above...

CATEGORIES: Pound Canadian Dollar Forecasts

EUR/GBP Update: Euro to Pound Exchange Rate Static on Eurozone Budget Clash

26 Jun 2018 at 4 PM - Written by Tim Boyer

EUR/GBP Update: Euro to Pound Exchange Rate Static on Eurozone Budget Clash
On Monday, the Euro to Pound (EUR/GBP) exchange rate opened in the region of 0.8791 and closed higher at 0.8812. This was mainly down to falling confidence in the Pound, given an apparent risk of Brexit uncertainty causing a migration of businesses out of the UK. EUR/GBP Exchange Rate Tight on Signs of Disagreement over Common Eurozone...

CATEGORIES: Euro Pound Forecasts