Latest Articles by Tim Boyer

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

GBP to ZAR Exchange Rate Climbs on Poor South African Data Ahead of South African Reserve Bank

16 Jan 2020 at 11 AM - Written by Tim Boyer

GBP to ZAR Exchange Rate Climbs on Poor South African Data Ahead of South African Reserve Bank
Despite rising Bank of England (BoE) interest rate cut bets and higher market demand for currencies correlated to trade and risk, the British Pound to South African Rand (GBP/ZAR) exchange rate has recovered to above the week’s opening levels today. The Pound is steadying ahead of tomorrow’s key UK retail sales report, while the South...

CATEGORIES: Pound Rand Forecasts

Dollar to Euro Exchange Rate Forecast: USD/EUR Surges to January Best in Week of Impressive Gains

12 Jan 2020 at 10 AM - Written by Tim Boyer

Dollar to Euro Exchange Rate Forecast: USD/EUR Surges to January Best in Week of Impressive Gains
Despite continued signs of recovery in Eurozone data, the US Dollar to Euro (USD/EUR) exchange rate didn’t face much obstruction in the past week as it put in impressive gains. The US Dollar rebounded from days of market jitters amid hopes for US economic resilience, and as the US currency recovered investors felt that mixed strength...

CATEGORIES: Pound Euro Forecasts

GBP to ZAR Exchange Rate Struggles to Hold Gains as Risk Sentiment Returns

8 Jan 2020 at 3 PM - Written by Tim Boyer

GBP to ZAR Exchange Rate Struggles to Hold Gains as Risk Sentiment Returns
Despite UK data being generally supportive and South African data being weak, the British Pound to South African Rand (GBP/ZAR) exchange rate has fallen back from weekly highs today and is struggling to continue trending with an upside bias. The Pound is seeing mixed demand as uncertainty worsens over the Brexit transition period, while the...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Hits 3-Month-Worst amid Brexit Fears and Rand Rally

20 Dec 2019 at 12 PM - Written by Tim Boyer

GBP to ZAR Exchange Rate Hits 3-Month-Worst amid Brexit Fears and Rand Rally
Despite a lack of notable South African data this week, the South African Rand has seen a generally strong performance due to the global market outlook and this has helped it to easily capitalise against a broadly weak Pound, pushing the British Pound to South African Rand (GBP/ZAR) exchange rate to its worst levels in months. The biggest...

CATEGORIES: South African Rand Forecasts

GBP to JPY Exchange Rate Trending Near 6-Month-Best amid Risk-Sentiment

2 Dec 2019 at 3 PM - Written by Tim Boyer

GBP to JPY Exchange Rate Trending Near 6-Month-Best amid Risk-Sentiment
Despite the latest signs that Britain could still be headed for a hung Parliament at next week’s 2019 UK General Election, the British Pound to Japanese Yen (GBP/JPY) exchange rate was able to hold its ground relatively closely to its best levels for most of today. While the Pound was being pressured by UK political uncertainty, the safe...

CATEGORIES: Pound Yen Forecasts

GBP to AUD Exchange Rate Slips from Best Post-Referendum Levels amid Lack of Fresh Support

29 Nov 2019 at 11 AM - Written by Tim Boyer

GBP to AUD Exchange Rate Slips from Best Post-Referendum Levels amid Lack of Fresh Support
While the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced this week, it has not been able to hold too close to the pair’s best levels in years. Instead, the latest mixed UK confidence stats, as well as lingering hopes that US-China trade relations can still improve, left the pair trending slightly lower before...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Fails to Hold Half-Year-Best as Bank of Canada Rate Cut Bets Shift

22 Nov 2019 at 12 PM - Written by Tim Boyer

GBP to CAD Exchange Rate Fails to Hold Half-Year-Best as Bank of Canada Rate Cut Bets Shift
After spending most of the past week trending higher, the British Pound to Canadian Dollar (GBP/CAD) exchange rate tumbled again today. Investors have been selling the Pound in reaction to the latest UK PMI projections, while the Canadian Dollar is benefitting from fresh speculation that the Bank of Canada (BoC) will avoid taking a dovish...

CATEGORIES: Forecasts

GBP to AUD Exchange Rate Near Half-Month-Best Ahead of Australian Job Stats

13 Nov 2019 at 3 PM - Written by Tim Boyer

GBP to AUD Exchange Rate Near Half-Month-Best Ahead of Australian Job Stats
Poor UK datasets have not been enough to drag the British Pound to Australian Dollar (GBP/AUD) exchange rate lower, as despite the lack of fresh support for Sterling, the Australian Dollar has been weakened by US-China trade jitters and some underwhelming Australian data. Investors are still hesitant to move too much on the ‘Aussie’...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Climb Away from Week Worst amid Canada’s Trade and Economic Jitters

6 Nov 2019 at 1 PM - Written by Tim Boyer

GBP to CAD Exchange Rate Climb Away from Week Worst amid Canada’s Trade and Economic Jitters
The British Pound to Canadian Dollar (GBP/CAD) exchange rate has been trending lower this week, but the pair is up on yesterday’s levels as the Canadian Dollar is weakened by the latest market concerns over Canada’s trade and economy. Concerns that the Bank of Canada (BoC) could take a more dovish stance on monetary policy have been...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CHF Exchange Rate Fails to Hold 5-Month-Best despite Announcement of New UK-EU Brexit Deal

17 Oct 2019 at 4 PM - Written by Tim Boyer

GBP to CHF Exchange Rate Fails to Hold 5-Month-Best despite Announcement of New UK-EU Brexit Deal
Despite today’s news that a new UK-EU Brexit deal has finally been reached, the British Pound to Swiss Franc (GBP/CHF) exchange rate only briefly touched on best levels today before sliding and trending lower again. Resilience in the Swiss Franc, combined with lasting uncertainty over whether the Brexit deal would actually pass through UK...

CATEGORIES: Pound Swiss Franc Forecasts