Latest Articles by Toni Johnson

The most recent currency news items written by author Toni Johnson.

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Tumbles as BoJ Appoints Kuroda for Second Term

16 Feb 2018 at 4 PM - Written by Toni Johnson

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Tumbles as BoJ Appoints Kuroda for Second Term
Japanese Yen (JPY) Exchange Rates Climb as BoJ Doubles Down on Approach to Stimulus The Pound Sterling Japanese Yen (GBP/JPY) exchange rate extended its fall on Friday as markets reacted to news that the Bank of Japan (BoJ) has reappointed Haruhiko Kuroda as Chief for another term, with Masazumi Wakatabe - a strong advocate for monetary...

CATEGORIES: Pound Yen Forecasts

EU Removes ‘Punishment’ Brexit Clause - Pound US Dollar (GBP/USD) Exchange Rate Climbs

15 Feb 2018 at 3 PM - Written by Toni Johnson

EU Removes ‘Punishment’ Brexit Clause - Pound US Dollar (GBP/USD) Exchange Rate Climbs
GBP/USD Exchange Rate up on Signs of Brexit Cooperation from EU The Pound US Dollar (GBP/USD) exchange rate extended its lead on Thursday, rising as markets responded to news that the EU has removed the divisive ‘punishment’ clause from the Brexit transition text. This footnote asserted that the UK could potentially lose access to...

CATEGORIES: Pound Dollar Forecasts

Slowing Eurozone GDP Data Triggers EUR/GBP Exchange Rate Decline

14 Feb 2018 at 4 PM - Written by Toni Johnson

Slowing Eurozone GDP Data Triggers EUR/GBP Exchange Rate Decline
On Tuesday’s trading session, the Euro advanced against the Pound from an opening exchange rate of 0.8882 to close higher around 0.8897. EUR/GBP Exchange Slips after Eurozone GDP Upset The Euro to Pound exchange rate has fallen slightly today, following the news that Eurozone GDP growth has slowed in Q4. Estimates for Q4 2017 have...

CATEGORIES: Euro Pound Forecasts

Solid Gains for GBP/USD as UK Inflation Returns to Uptrend

13 Feb 2018 at 3 PM - Written by Toni Johnson

Solid Gains for GBP/USD as UK Inflation Returns to Uptrend
The Pound Sterling to US Dollar exchange rate is registering minor gains today, although it has fallen from its intraday high, after positive UK inflation data was released this morning. The GBP/USD exchange rate is up 0.2% to 1.3876 after consumer price index figures provided further justification for the Bank of England (BoE) raising...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Tumbles on Barnier Brexit Comments

9 Feb 2018 at 5 PM - Written by Toni Johnson

Pound US Dollar (GBP/USD) Exchange Rate Tumbles on Barnier Brexit Comments
Barnier Insists Brexit Transition Deal ‘Not a Given’, GBP Exchange Rates Tumble The Pound US Dollar (GBP/USD) exchange rate pared recent gains on Friday as markets reacted to a slew of disappointing UK ecostats and fresh comments from EU Brexit Negotiator Michel Barnier. In respect to the former, the UK’s trade deficit widened...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Steadies with Thursday Bank of England (BoE) Meeting in Focus

6 Feb 2018 at 12 PM - Written by Toni Johnson

GBP to USD Exchange Rate Steadies with Thursday Bank of England (BoE) Meeting in Focus
Poor UK data and strong US data has made it easier for the US Dollar to take advantage of Sterling weakness, leaving the British Pound to US Dollar exchange rate lower. The pair lost over a cent on Monday and on Tuesday saw narrower trade amid a lack of fresh notable data. Following fluctuations last week, the GBP/USD exchange rate could...

CATEGORIES: Pound Dollar Forecasts

GBP to AUD Exchange Rate Holds Near Monthly Highs Following UK Job Report

25 Jan 2018 at 12 PM - Written by Toni Johnson

GBP to AUD Exchange Rate Holds Near Monthly Highs Following UK Job Report
While the Pound’s bullishness slowed on Thursday, it was still able to hold its ground against the Australian Dollar so the British Pound to Australian Dollar (GBP/AUD) exchange rate continued to trend closely to its best levels in over a month. The pair is likely to see limited movement until key data comes in on Friday. This week has...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Investors Await UK Retail Sales Report

18 Jan 2018 at 12 PM - Written by Toni Johnson

GBP to AUD Exchange Rate Investors Await UK Retail Sales Report
Despite Australia’s latest job market report generally indicating that Australia’s job market remained strong until the end of 2017, the British Pound to Australian Dollar exchange rate avoided falls thanks to some comments from Bank of England (BoE) policymaker Michael Saunders. After advancing from 1.7234 to 1.7323 last week, the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/EUR Stuck Below Opening Levels as Merkel Makes Coalition Breakthrough

12 Jan 2018 at 12 PM - Written by Toni Johnson

GBP/EUR Stuck Below Opening Levels as Merkel Makes Coalition Breakthrough
The Pound Sterling to Euro exchange rate is stuck below opening levels today as the EUR receives a boost from news that Angela Merkel may be closer to forming another coalition government. Additionally, market demand for USD has been cooled by the approach of key inflation and retail data, allowing the Euro to rise and therefore pressuring...

CATEGORIES: Pound Euro Forecasts

GBP to AUD Exchange Rate Climbs on Analyst Forecasts for Iron Ore and ‘Aussie’

8 Jan 2018 at 5 PM - Written by Toni Johnson

GBP to AUD Exchange Rate Climbs on Analyst Forecasts for Iron Ore and ‘Aussie’
Despite UK political uncertainty and a lack of strong UK ecostats in recent sessions, the British Pound to Australian Dollar exchange rate advanced on Monday, regaining most of last week’s losses due to market concerns that the Australian Dollar may be in for a relatively flat 2018. After opening last week at the level of 1.7280, GBP/AUD...

CATEGORIES: Pound Australian Dollar Forecasts