Latest Articles by Tim Boyer

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

GBP to EUR Exchange Rate Slumps from 4-Month-Best on Doubts for Imminent UK-EU Brexit Deal

14 Oct 2019 at 1 PM - Written by Tim Boyer

GBP to EUR Exchange Rate Slumps from 4-Month-Best on Doubts for Imminent UK-EU Brexit Deal
The Pound continues to see highly mixed and volatile movement as the Brexit saga continues to blanket the UK outlook with uncertainties, and so following last week’s British Pound to Euro (GBP/EUR) exchange rate surge the pair is falling again today so far. The Pound’s losses are not as sharp as last week’s gains, but they are still...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Struggles to Hold its Ground as Boris Johnson’s Brexit Plans Fail to Impress

2 Oct 2019 at 4 PM - Written by Tim Boyer

GBP to EUR Exchange Rate Struggles to Hold its Ground as Boris Johnson’s Brexit Plans Fail to Impress
Despite a lack of strong Eurozone data in recent sessions and continued concerns regarding a possible German recession and slowing Eurozone growth, the Euro has been fairly resilient today due to weakness in rivals, and the British Pound to Euro (GBP/EUR) exchange rate has trended lower. Following last week’s solid GBP/EUR drop from...

CATEGORIES: Pound Euro Forecasts

GBP to ZAR Exchange Rate Recovers Losses as UK Supreme Court Rules against Government Prorogation

24 Sep 2019 at 4 PM - Written by Tim Boyer

GBP to ZAR Exchange Rate Recovers Losses as UK Supreme Court Rules against Government Prorogation
For now, the British Pound to South African Rand (GBP/ZAR) exchange rate has been able to keep holding onto last week’s impressive gains thanks to today’s fresh demand for the Pound, as well as weakness in the South African Rand. Demand for Sterling has risen following today’s surprise ruling from the UK Supreme Court, that the...

CATEGORIES: Pound Rand Forecasts

GBP to CAD Exchange Rate Slips amid Fresh Brexit and Bank of Canada (BoC) Speculation

29 Aug 2019 at 12 PM - Written by Tim Boyer

GBP to CAD Exchange Rate Slips amid Fresh Brexit and Bank of Canada (BoC) Speculation
Despite uncertainty over the sort of stance the Bank of Canada (BoC) will take at its September policy decision next week, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has failed to hold much of a recovery. The Canadian Dollar is benefitting from global risk-sentiment, as well as speculation that the BoC will have little...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to ZAR Exchange Rate Higher despite Rand Rebound amid Brexit Hopes

16 Aug 2019 at 4 PM - Written by Tim Boyer

GBP to ZAR Exchange Rate Higher despite Rand Rebound amid Brexit Hopes
While the South African Rand rebounded slightly from weeks of losses, the British Pound to South African Rand (GBP/ZAR) exchange rate is still on track to sustain gains this week as the Pound has rebounded more strongly. Sterling has benefitted from strong UK data and signs that UK politicians are working to prevent the government from...

CATEGORIES: Pound Rand Forecasts

GBP to CAD Exchange Rate Remains Near Post-2017 Worst as Canadian Manufacturing Rises

1 Aug 2019 at 4 PM - Written by Tim Boyer

GBP to CAD Exchange Rate Remains Near Post-2017 Worst as Canadian Manufacturing Rises
The Canadian Dollar’s strong streak may be set to continue, as this week’s Canadian data has shown modest resilience and has played a part in keeping the British Pound to Canadian Dollar (GBP/CAD) exchange rate near its worst levels in over a year. The primary cause of losses has been no-deal Brexit fears hitting the Pound...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Continues Rebound from Worst Post-2017 Levels amid UK Data

18 Jul 2019 at 12 PM - Written by Tim Boyer

GBP to CAD Exchange Rate Continues Rebound from Worst Post-2017 Levels amid UK Data
While the British Pound to Canadian Dollar (GBP/CAD) exchange rate is still trending lower this week, the Canadian Dollar’s bullish run appears to have run out of steam. Some mixed Canadian data and oil price news is keeping the ‘Loonie’ from rallying further, and this is making it easier for a Brexit battered Pound to recover from its...

CATEGORIES: Forecasts

EUR to GBP Exchange Rate Avoids Losses despite Concerning German Business Sentiment

24 Jun 2019 at 4 PM - Written by Tim Boyer

EUR to GBP Exchange Rate Avoids Losses despite Concerning German Business Sentiment
Last week saw European Central Bank (ECB) President Mario Draghi took a dovish shift in tone, but despite this the Euro to British Pound (EUR/GBP) exchange rate ultimately climbed throughout the week due to concerns about UK politics and Brexit causing broad weakness in the Pound. The Euro continued to edge higher today despite the latest...

CATEGORIES: Forecasts

EUR to USD Exchange Rate Recovers from Weekend Lows on Poor US Manufacturing Data

17 Jun 2019 at 4 PM - Written by Tim Boyer

EUR to USD Exchange Rate Recovers from Weekend Lows on Poor US Manufacturing Data
Investors bought the Euro to US Dollar (EUR/USD) exchange rate back up from the lows it saw over the weekend today, as markets reacted to some disappointing US data. The pair’s potential for gains was limited though, amid Eurozone inflation concerns and anticipation for upcoming Federal Reserve news. Eurozone economic concerns and some...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to AUD Exchange Rate Avoids Further Losses as Australian Growth Disappoints

5 Jun 2019 at 11 AM - Written by Tim Boyer

GBP to AUD Exchange Rate Avoids Further Losses as Australian Growth Disappoints
Thanks to a stronger than expected UK services PMI today, the UK economy has avoided contraction for now, and this as well as some disappointing Australian data has prevented the British Pound to Australian Dollar (GBP/AUD) from suffering deeper losses. However, the pair’s strength is certainly limited amid Brexit uncertainty and weak UK...

CATEGORIES: Pound Australian Dollar Forecasts