Latest Articles by Tim Boyer

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

GBP NZD Exchange Rate Trends Higher Despite Underwhelming UK Manufacturing PMI

1 Feb 2018 at 12 PM - Written by Tim Boyer

GBP NZD Exchange Rate Trends Higher Despite Underwhelming UK Manufacturing PMI
In the wake of the Federal Reserve’s latest policy meeting the Pound New Zealand Dollar (GBP NZD) exchange rate found fresh support. Investors were inclined to sell out of the New Zealand Dollar after Fed policymakers sounded a more optimistic note on the domestic outlook, raising the prospect of a faster pace of monetary...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP/USD Exchange Rate Extends Lead on Renewed Post-Brexit UK Trade Optimism

25 Jan 2018 at 4 PM - Written by Tim Boyer

GBP/USD Exchange Rate Extends Lead on Renewed Post-Brexit UK Trade Optimism
Post-Brexit UK-US Trade Optimism Drives Pound (GBP) Exchange Rates Higher The Pound US Dollar (GBP/USD) exchange rate extended its lead on Thursday as markets responded to growing optimism for the possibility of a post-Brexit UK-US trade deal. US Treasury Secretary Steven Mnuchin spoke at the World Economic Forum in Davos, Switzerland,...

CATEGORIES: Pound Dollar Forecasts

Falling UK Inflation Triggers GBP/AUD Exchange Rate Decline

16 Jan 2018 at 12 PM - Written by Tim Boyer

Falling UK Inflation Triggers GBP/AUD Exchange Rate Decline
On Monday’s trading session, the Pound to Australian Dollar exchange rate made a marginal decline. The GBP/AUD pairing opened trading in the region of 1.7358, later falling slightly to the area of 1.7327. GBP/AUD Exchange Rate Tight after Concerning UK Inflation Stats The Pound has seen a marginal decline against the Australian...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to EUR Exchange Rate Falls to Weekly Low as European Central Bank (ECB) Minutes Surprise

11 Jan 2018 at 5 PM - Written by Tim Boyer

GBP to EUR Exchange Rate Falls to Weekly Low as European Central Bank (ECB) Minutes Surprise
Thursday’s European Central Bank (ECB) meeting minutes surprised British Pound to Euro exchange rate traders with its hints that the bank’s tone could be becoming more hawkish in the coming months. The Pound remained limp following Wednesday’s mixed UK ecostats. After opening this week at the level of 1.1278, the GBP/EUR exchange...

CATEGORIES: Pound Euro Forecasts

GBP/USD Exchange Rate Slumps on Disappointing UK Construction Stats

3 Jan 2018 at 5 PM - Written by Tim Boyer

GBP/USD Exchange Rate Slumps on Disappointing UK Construction Stats
On Tuesday, the Pound to US Dollar exchange rate saw a minor improvement from the start of trading. GBP/USD opened in the region of 1.3511, later closing daily trading higher in the region of 1.3594. Construction Sector Slowdown Leads to GBP/USD Exchange Rate Decline The Pound to US Dollar rate has been weakened by domestic data...

CATEGORIES: Pound Dollar Forecasts

US Dollar Euro (USD EUR) Tumbles Over Holidays on Poor Consumer Confidence

27 Dec 2017 at 4 PM - Written by Tim Boyer

US Dollar Euro (USD EUR) Tumbles Over Holidays on Poor Consumer Confidence
The US Dollar Euro (USD EUR) exchange rate tumbled over the holiday period as markets responded to a below-forecast US consumer confidence print. US Dollar Euro (USD EUR) Falls on Notable Drop in Consumer Confidence Consumer confidence in the US fell to 122.1 in December, down from the previous period’s 128.6 and below the consensus...

CATEGORIES: American Dollar Forecasts

2018 GBP/USD Exchange Rate Outlook: UK Wages and Chinese Economy in Focus

27 Dec 2017 at 11 AM - Written by Tim Boyer

2018 GBP/USD Exchange Rate Outlook: UK Wages and Chinese Economy in Focus
On the week leading up to Christmas, the Pound to US Dollar exchange rate rose from an opening level of 1.3324 on Monday to close higher at 1.3360 on Friday. This advance came on a mixed week for UK data, which included falling consumer confidence and an expanding borrowing deficit. The headline news came on 22nd December, when UK GDP...

CATEGORIES: Pound Dollar Forecasts

EUR GBP Exchange Rate Shrugs Off Dip in German Business Optimism

19 Dec 2017 at 4 PM - Written by Tim Boyer

EUR GBP Exchange Rate Shrugs Off Dip in German Business Optimism
The latest market worries over Brexit and the UK’s future trade relationship with the EU helped the Euro Pound exchange rate to trend higher on Tuesday. Demand for Sterling weakened markedly on the back of the latest comments from chief EU negotiator Michel Barnier, who ruled out the possibility of London's financial sector maintaining...

CATEGORIES: Euro Pound Forecasts

GBP to JPY Exchange Rate Continues to Tumble as Brexit Concerns Return

15 Dec 2017 at 1 PM - Written by Tim Boyer

GBP to JPY Exchange Rate Continues to Tumble as Brexit Concerns Return
Concerns that the vital UK-EU Brexit trade talks may not begin until March 2018 have left the Pound unappealing on Friday and the British Pound to Japanese Yen exchange rate fell. The Yen has been benefitting from weaker US Dollar (USD) trade. Since opening the week at the level of 151.85, the GBP/JPY exchange rate has tumbled. On Friday,...

CATEGORIES: Pound Yen Forecasts

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