Latest Articles by Tim Boyer

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

GBP/AUD Sheds Morning Gains after BCC Report Sours BoE Hike Bets

13 Oct 2017 at 2 PM - Written by Tim Boyer

GBP/AUD Sheds Morning Gains after BCC Report Sours BoE Hike Bets
The British Pound has been fluctuating against the Australian Dollar today thanks to a fast-paced series of domestic developments that have seen traders re-evaluating the outlook on Brexit, the economy and monetary policy. The GBP/AUD exchange rate was trading around opening levels of 1.6953 at the time of writing. GBP Starts Day...

CATEGORIES: Pound Australian Dollar Forecasts

GBP USD Exchange Rate Drops -0.7% as Brexit Worries Grow

12 Oct 2017 at 2 PM - Written by Tim Boyer

GBP USD Exchange Rate Drops -0.7% as Brexit Worries Grow
The Pound made only a small advance against the US Dollar yesterday, opening at an exchange rate of 1.3219 and closing around 1.3236. More recently, the Pound has lurched down in the pairing, trading in the region of 1.3144. Brexit Focus: Concerning Comments about Brexit Deadlock Drag on GBP Today’s Pound losses are a clear symptom...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Recovers Ground Despite Continued Political Risk

9 Oct 2017 at 4 PM - Written by Tim Boyer

Pound US Dollar Exchange Rate Recovers Ground Despite Continued Political Risk
After seeing considerable weakness over the course of the last week the Pound US Dollar exchange rate was able to recover some of its losses on Monday. In large part this was thanks to a temporary easing in political uncertainty, with a leadership challenge to Theresa May still yet to properly materialise. As Viraj Patel, foreign...

CATEGORIES: Pound Dollar Forecasts

GBP EUR Slides during Carney’s Speech at the BoE Independence Conference

28 Sep 2017 at 10 AM - Written by Tim Boyer

GBP EUR Slides during Carney’s Speech at the BoE Independence Conference
The Pound Euro exchange rate tumbled today amid continued US Dollar strength and speeches from Bank of England (BoE) Governor Mark Carney and UK Prime Minister Theresa May at the BoE Independence Conference. BoE Carney Sends Mixed Messages, GBP Encumbered Mark Carney’s speech at the BoE Independence Conference caused somewhat of a...

CATEGORIES: Euro Forecasts Euro Pound Forecasts

GBP NZD Exchange Rate Rises as Traders Fret about Future NZ Government

26 Sep 2017 at 1 PM - Written by Tim Boyer

GBP NZD Exchange Rate Rises as Traders Fret about Future NZ Government
The Pound opened trading at a rate of 1.8563 against the New Zealand Dollar on Monday, but ultimately closed down lower at 1.8556 by the end of the day. UK Economic News: GBP NZD Rate Rises as Traders Look to PM’s Meeting Although there has been little in the way of high-impact UK news today, the Pound has still managed to appreciate...

CATEGORIES: Pound New Zealand Dollar Forecasts

EUR USD Climbs as Eurozone Consumer Confidence Beats Expectations

21 Sep 2017 at 4 PM - Written by Tim Boyer

EUR USD Climbs as Eurozone Consumer Confidence Beats Expectations
The Euro US Dollar exchange rate climbed today in the build-up to European Central Bank (ECB) President Mario Draghi’s welcoming address at the ESRB Annual Conference in Frankfurt and on the back of better-than-anticipated consumer confidence figures from the Eurozone. USD Initially Bolstered by Hawkish Policy Meeting EUR USD...

CATEGORIES: Euro Forecasts

GBP NZD Exchange Rate Falls as Traders Question BoE Rate Hike Odds

19 Sep 2017 at 12 PM - Written by Tim Boyer

GBP NZD Exchange Rate Falls as Traders Question BoE Rate Hike Odds
Yesterday saw the Pound open trading against the New Zealand Dollar in the region of 1.8623. By the close of daily trading, the Pound lost ground slightly to come in at 1.8605. Pound Loses Ground on Lower Hopes of UK Interest Rate Hike In a dramatic change of fortune for the Pound, the UK currency has dropped by -0.6% against the New...

CATEGORIES: Pound New Zealand Dollar Forecasts

The Euro to Dollar Exchange Rate Forecast: "Above 1.1990/00 Turns Near-Term Outlook More Bullish"

16 Sep 2017 at 12 PM - Written by Tim Boyer

The Euro to Dollar Exchange Rate Forecast: "Above 1.1990/00 Turns Near-Term Outlook More Bullish"
"EUR/USD price action may have formed a base in the mid/upper 1.18s yesterday, suggesting that spot’s corrective drift lower from last week’s peak near 1.21 is complete. Gains through minor trend resistance at 1.1930 (now minor support). The EUR has a little more work to do in order to gain more appreciably; above 1.1990/00 turns the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

Near-Term Pound to NZ Dollar Forecast: The GBP-NZD Could Find Itself Continuing to Climb

12 Sep 2017 at 8 AM - Written by Tim Boyer

Near-Term Pound to NZ Dollar Forecast: The GBP-NZD Could Find Itself Continuing to Climb
The Pound to New Zealand Dollar exchange rate is struggling to maintain the daily opening levels today, quoted at £1 = NZD$1.81223 (-0.18pct) ahead of the European open. GBP/NZD began the trading week fluctuating in the build up to tonight’s EU repeal bill vote. British parliament will vote tonight on the EU Withdrawal Bill (also...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

EUR USD Exchange Rate Update: Euro Advances as Irma Bears Down on Florida

8 Sep 2017 at 12 PM - Written by Tim Boyer

EUR USD Exchange Rate Update: Euro Advances as Irma Bears Down on Florida
Trading in the region of 1.2068 today, the Euro is currently near the highest exchange rate against the US Dollar since January 2015. Draghi Aftermath Leaves EUR Traders Uncertain The Euro rose sharply against the US Dollar on Thursday, but today’s advance is primarily due to the USD being weaker. Today’s domestic data has...

CATEGORIES: Euro Forecasts