Latest Articles by Tim Boyer

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

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

GBP to USD Exchange Rate Stumbles to Four Month Worst as Cross-Party Brexit Talks Collapse

17 May 2019 at 1 PM - Written by Tim Boyer

GBP to USD Exchange Rate Stumbles to Four Month Worst as Cross-Party Brexit Talks Collapse
As Brexit concerns continue to build, the British Pound to US Dollar (GBP/USD) exchange rate has endured a second consecutive week of steep losses and the pair now trends near its worst levels since the beginning of the year. Despite US economic uncertainties, the US Dollar has been able to benefit from Pound weakness thanks to rising market...

CATEGORIES: Pound Dollar Forecasts

Pound to US Dollar Exchange Rate Tumbles from Best Conversion in one Month as Investors Avoid Taking Risks

9 May 2019 at 6 AM - Written by Tim Boyer

Pound to US Dollar Exchange Rate Tumbles from Best Conversion in one Month as Investors Avoid Taking Risks
Following last week’s impressive and solid British Pound to US Dollar exchange rate gains, GBP/USD tumbled on a combination of British political uncertainties and higher market demand for safe haven currencies like the US Dollar. Still, the US Dollar’s appeal is limited amid concerns that US-China trade tensions could negatively hit the...

CATEGORIES: Pound Dollar Forecasts

GBP to CHF Exchange Rate Climbs on Brexit Hopes and Higher Risk-Sentiment

30 Apr 2019 at 1 PM - Written by Tim Boyer

GBP to CHF Exchange Rate Climbs on Brexit Hopes and Higher Risk-Sentiment
After edging higher yesterday on slightly weaker market demand for safe haven currencies like the Swiss Franc, the British Pound to Swiss Franc (GBP/CHF) exchange rate has seen stronger gains today so far as risk-sentiment continues to rise and the Pound benefits from the latest Brexit hopes. Could the UK government really reach a Brexit...

CATEGORIES: Pound Swiss Franc Forecasts

Pound to Dollar Exchange Rates Climb Ahead of EU Summit despite Brexit Uncertainties

9 Apr 2019 at 8 PM - Written by Tim Boyer

Pound to Dollar Exchange Rates Climb Ahead of EU Summit despite Brexit Uncertainties
Despite persisting uncertainty over the Brexit process, and the remaining possibility of the Brexit process ending with a worst-case no-deal outcome at the end of this week, the British Pound to US Dollar (GBP/USD) exchange rate has been climbing this week so far. This has been due to weakness in the US Dollar, as investors sell it from its...

CATEGORIES: Pound Dollar Forecasts