Latest Articles by Tim Boyer

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

GBP/USD Exchange Rate Static ahead of BoE Interest Rate Decision

20 Jun 2018 at 4 PM - Written by Tim Boyer

GBP/USD Exchange Rate Static ahead of BoE Interest Rate Decision
On Tuesday, the Pound to US Dollar exchange rate opened around 1.3260 and closed lower at 1.3178. There was no real UK economic data out yesterday, which left uncertainty about a Brexit vote as the main influencer on the GBP/USD exchange rate. Sterling’s decline in value was because of uncertainty about how a Brexit amendment could...

CATEGORIES: Pound Dollar Forecasts

GBP to CHF Exchange Rate Dips as Brexit Jitters Push Investors Towards Safe Havens

7 Jun 2018 at 5 PM - Written by Tim Boyer

GBP to CHF Exchange Rate Dips as Brexit Jitters Push Investors Towards Safe Havens
The Swiss Franc’s appeal as a ‘safe haven’ currency has come back into fashion over the last month, as the currency has benefitted against other European rivals thanks to political jitters. The British Pound to Swiss Franc exchange rate has been unable to hold its gains this week as Brexit uncertainties hit headlines again. After...

CATEGORIES: Pound Swiss Franc Forecasts

EUR/GBP Exchange Rate Rises as Eurozone Inflation Rises above Forecasts

31 May 2018 at 11 AM - Written by Tim Boyer

EUR/GBP Exchange Rate Rises as Eurozone Inflation Rises above Forecasts
On Wednesday, the Euro to Pound (EUR/GBP) exchange rate opened in the region of 0.8705 and closed up higher around 0.8781. In the bigger picture, this only represented a recovery for the Euro which has struggled recently because of Italian political instability. Ironically, Italian news was behind yesterday’s Euro rise because of a...

CATEGORIES: Euro Pound Forecasts

GBP to ZAR Exchange Rate Falls from Weekly Best as Rand Recovers

30 May 2018 at 3 PM - Written by Tim Boyer

GBP to ZAR Exchange Rate Falls from Weekly Best as Rand Recovers
A lack of supportive factors in Pound trade this week have made it difficult for the British Pound to South African Rand (GBP/ZAR) exchange rate to hold all of its weekly gains. With the US Dollar (USD) rally finally coming to an end, demand for the South African Rand has been much stronger. Despite this, GBP/ZAR remained above the...

CATEGORIES: Pound Rand Forecasts

GBP/AUD Drops after Mixed BoE Testimony

22 May 2018 at 1 PM - Written by Tim Boyer

GBP/AUD Drops after Mixed BoE Testimony
Monday saw the Pound to Australian Dollar exchange rate open trading in the region of 1.7911 and close lower around 1.7714. The losses in the GBP/AUD exchange rate were mainly caused by news that the UK will eventually leave the EU customs union, regardless of other agreements. Last week brought news of an apparent breakthrough, when it...

CATEGORIES: Pound Australian Dollar Forecasts

EUR/USD Dips after French Integration Plans Called into Question

21 May 2018 at 5 PM - Written by Tim Boyer

EUR/USD Dips after French Integration Plans Called into Question
Last week, the Euro to US Dollar exchange rate opened in the region of 1.1962 on Monday and closed down lower around 1.1787. This deterioration on the Euro’s part was twofold, with poor economic data and political uncertainty lowering demand for the single currency. Eurozone data showed slowing GDP growth and lower inflation, two...

CATEGORIES: Euro Forecasts

GBP/USD Slides Lower as US Labour Market Demonstrates Fresh Signs of Tightening

17 May 2018 at 5 PM - Written by Tim Boyer

GBP/USD Slides Lower as US Labour Market Demonstrates Fresh Signs of Tightening
Speculation over Brexit continued to weigh on the Pound US Dollar (GBP/USD) exchange rate on Thursday, with markets unsettled by conflicting reports on the prospect of continued customs union membership. Confidence in the US Dollar, meanwhile, picked up in response to a sharp surprise uptick in May’s Philadelphia Fed business outlook...

CATEGORIES: Pound Dollar Forecasts

EUR/USD Exchange Rate Declines as German Confidence Scores Fall below Forecasts

25 Apr 2018 at 2 PM - Written by Tim Boyer

EUR/USD Exchange Rate Declines as German Confidence Scores Fall below Forecasts
On Tuesday’s trading session (24th April), the Euro to US Dollar exchange rate opened in the region of 1.2206 in the morning and later closed higher around 1.2237 during the evening. This advance came despite the odds, when highly pessimistic German economic confidence stats for April were released over Tuesday morning. EUR/USD...

CATEGORIES: Euro Forecasts

Surprise Slowdown in UK Construction Sector Triggers GBP/AUD Exchange Rate Decline

4 Apr 2018 at 12 PM - Written by Tim Boyer

Surprise Slowdown in UK Construction Sector Triggers GBP/AUD Exchange Rate Decline
On Tuesday’s trading session, the Pound to Australian Dollar exchange rate saw a small decline from an opening level of 1.8332 in the morning that fell to the region of 1.8313 by the evening. Tuesday’s most notable UK data was positive, although only just. This was the manufacturing PMI for March, which showed a rise from a...

CATEGORIES: Pound Australian Dollar Forecasts

AUD NZD Exchange Rate Regains Ground as New Zealand Business Confidence Falls

28 Mar 2018 at 3 PM - Written by Tim Boyer

AUD NZD Exchange Rate Regains Ground as New Zealand Business Confidence Falls
While the ANZ New Zealand activity outlook index for March pushed higher on the month this was not enough to dent the Australian Dollar New Zealand Dollar (AUD/NZD) exchange rate. Investors were not overly impressed to find that the accompanying ANZ business confidence index had continued to decline, suggesting that the faith in the...

CATEGORIES: Australian Dollar Forecasts