Latest Articles by Tim Boyer

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

Rattled Traders Buy into EUR/GBP Exchange Rate after Brexit Jitters

11 Dec 2017 at 1 PM - Written by Tim Boyer

Rattled Traders Buy into EUR/GBP Exchange Rate after Brexit Jitters
Last week, the Euro made a minor overall loss against the Pound. The EUR/GBP exchange rate opened in the region of 0.8804, but later closed lower at 0.8792 on Friday. Euro Gains Ground despite Italian Sales Slump The Euro has advanced against the weaker Pound today, in spite of a mixed set of Eurozone data coming out over the...

CATEGORIES: Euro Pound Forecasts

Hopes for Higher EU ‘Divorce Bill’ Inspire Pound New Zealand Dollar Rate Rise

29 Nov 2017 at 11 AM - Written by Tim Boyer

Hopes for Higher EU ‘Divorce Bill’ Inspire Pound New Zealand Dollar Rate Rise
On Tuesday’s trading session, the Pound saw dramatic movement against the New Zealand Dollar. The pairing opened in the region of 1.9245, before dropping sharply to an almost two-week low of 1.9091. In another shock movement, the Pound then surged higher to close up against the NZD in the region of 1.9368 late on Tuesday. Hopes of...

CATEGORIES: Pound New Zealand Dollar Forecasts

Brexit Bites: GBP USD Exchange Rate Declines as OECD Cuts Growth Forecasts

28 Nov 2017 at 4 PM - Written by Tim Boyer

Brexit Bites: GBP USD Exchange Rate Declines as OECD Cuts Growth Forecasts
On Monday’s trading session, the Pound made a minor decline against the US Dollar. It was a quiet data day in the UK, which ultimately led to the opening GBP/USD rate of 1.3324 falling to 1.3320 later on. GBP to USD Exchange Rate Plummets on OECD’s Forecasts Pound traders had mixed fortunes today, when they received good news...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Plummets on Fears of Further Government Disruption

13 Nov 2017 at 4 PM - Written by Tim Boyer

GBP USD Exchange Rate Plummets on Fears of Further Government Disruption
Last week, the Pound saw a slight advance against the US Dollar. The pairing exchange rate opened in the region of 1.3067 on Monday, later closing higher around 1.3190 late on Friday. Pound Slumps on Fresh Political Fears The GBP USD exchange rate has been in a sharp decline today, owing to growing concerns about the future of the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Recovers Ground on Strong UK Services PMI

3 Nov 2017 at 10 AM - Written by Tim Boyer

Pound US Dollar Exchange Rate Recovers Ground on Strong UK Services PMI
Although the Bank of England (BoE) opted to raise interest rates at its November policy meeting this failed to buoy the Pound US Dollar exchange rate. In fact, Sterling slumped sharply in the wake of the announcement as investors were discouraged by the less hawkish nature of the accompanying meeting minutes and Inflation Report. As the...

CATEGORIES: Pound Dollar Forecasts

GBP EUR Exchange Rate Retains Lead on Positive UK Manufacturing PMI

1 Nov 2017 at 11 AM - Written by Tim Boyer

GBP EUR Exchange Rate Retains Lead on Positive UK Manufacturing PMI
The Pound Euro exchange rate retained its lead this morning as markets prepared for tomorrow’s Bank of England (BoE) rate decision whilst responding to a positive UK Markit manufacturing PMI. UK Data Proves Positive – GBP Exchange Rates Climb Data relating to the Pound today proved better than expected, with the UK Markit...

CATEGORIES: Pound Euro Forecasts

EUR GBP Slides as German Inflation Disappoints

30 Oct 2017 at 4 PM - Written by Tim Boyer

EUR GBP Slides as German Inflation Disappoints
The Euro Pound exchange rate tumbled today as markets react to a possible rate hike from the Bank of England (BoE) on Thursday and news that Germany’s inflation printed below expectations. EUR Exchange Rates Slide as German Inflation Disappoints The Euro tumbled today as markets reacted to Germany’s inflation figures - with a...

CATEGORIES: Euro Pound Forecasts

EUR USD Exchange Rates Neck and Neck as German IFO Surveys Prove Positive

25 Oct 2017 at 12 PM - Written by Tim Boyer

EUR USD Exchange Rates Neck and Neck as German IFO Surveys Prove Positive
The Euro US Dollar exchange rate remained within a narrow band this morning with the Euro bolstered by the latest German IFO figures and the US Dollar gaining on the back of yesterday’s positive Markit PMI readings. German IFO Readings Propel Euro Exchange Rates German business confidence soared unexpectedly to a record high in...

CATEGORIES: Currency Predictions Euro Forecasts

GBP/AUD Sheds Morning Gains after BCC Report Sours BoE Hike Bets

13 Oct 2017 at 2 PM - Written by Tim Boyer

GBP/AUD Sheds Morning Gains after BCC Report Sours BoE Hike Bets
The British Pound has been fluctuating against the Australian Dollar today thanks to a fast-paced series of domestic developments that have seen traders re-evaluating the outlook on Brexit, the economy and monetary policy. The GBP/AUD exchange rate was trading around opening levels of 1.6953 at the time of writing. GBP Starts Day...

CATEGORIES: Pound Australian Dollar Forecasts

GBP USD Exchange Rate Drops -0.7% as Brexit Worries Grow

12 Oct 2017 at 2 PM - Written by Tim Boyer

GBP USD Exchange Rate Drops -0.7% as Brexit Worries Grow
The Pound made only a small advance against the US Dollar yesterday, opening at an exchange rate of 1.3219 and closing around 1.3236. More recently, the Pound has lurched down in the pairing, trading in the region of 1.3144. Brexit Focus: Concerning Comments about Brexit Deadlock Drag on GBP Today’s Pound losses are a clear symptom...

CATEGORIES: Pound Dollar Forecasts