Latest Articles by Toni Johnson

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

Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote

12 Dec 2018 at 9 PM - Written by Toni Johnson

Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote
GBP/EUR Exchange Rate Jumps Back to €1.11 On News of No-Confidence Vote  The expectation that Prime Minister Theresa May will survive tonight’s vote of no confidence sent the Pound soaring on Wednesday, with GBP/EUR jumping 0.7% to trade in the region of €1.1115.   The outcome of the vote is likely to encourage further movement...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build

8 Dec 2018 at 9 AM - Written by Toni Johnson

Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build
The British Pound to Euro exchange rates have been unable to benefit from weakness in the single currency or brief rises in speculation that the Brexit process could be somehow avoided altogether. Since opening this week at the level of 1.1265, GBP/EUR has trended with a significant downside bias. GBP/EUR touched a two month low of 1.1186...

CATEGORIES: Pound Euro Forecasts

GBP to USD Exchange Rate Tumbles as Trade Uncertainties and Fed Bets Boost Dollar

27 Nov 2018 at 5 PM - Written by Toni Johnson

GBP to USD Exchange Rate Tumbles as Trade Uncertainties and Fed Bets Boost Dollar
Fresh comments from US President Donald Trump, as well as new Federal Reserve interest rate hike bets, were the primary causes of British Pound to US Dollar (GBP/USD) exchange rate movement on Tuesday. However, the US Dollar’s appeal was limited by mixed US consumer confidence data and lingering risk-sentiment. While GBP/USD only slipped...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Tumbles as Reserve Bank of New Zealand Plays Down Chances of Rate Cut

8 Nov 2018 at 11 AM - Written by Toni Johnson

GBP to NZD Exchange Rate Tumbles as Reserve Bank of New Zealand Plays Down Chances of Rate Cut
Since Wednesday’s strong New Zealand job market report, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has been tumbling. The New Zealand Dollar continued to strengthen on Thursday as the Reserve Bank of New Zealand (RBNZ) tone became more neutral and investors bet that a rate cut from the bank was less likely. After...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to CAD Exchange Rate Surges on Hopes for UK-EU Financial Services Deal

1 Nov 2018 at 4 PM - Written by Toni Johnson

GBP to CAD Exchange Rate Surges on Hopes for UK-EU Financial Services Deal
Despite higher market demand for risky commodity-correlated currencies since November began, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has surged in reaction to Brexit reports and speculation. Sterling’s strength was limited by disappointing UK manufacturing data however. Since opening this week at the level of 1.6812,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady ahead of Key PM’s Speech

15 Oct 2018 at 3 PM - Written by Toni Johnson

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady ahead of Key PM’s Speech
Last week opened with the Pound trading at a level of CA$1.6997 on Monday. At the end of the week, the GBP/CAD exchange rate closed down lower in the region of CA$1.7120. GBP/CAD Exchange Rate Steady on Mixed Brexit Forecasts The Pound (GBP) has traded in a narrow range against the Canadian Dollar (CAD) today, with contrasting opinions...

CATEGORIES: Pound Canadian Dollar Forecasts

EUR/GBP News: Euro to Pound Exchange Rate Slides on Day of Trading Volatility

20 Sep 2018 at 4 PM - Written by Toni Johnson

EUR/GBP News: Euro to Pound Exchange Rate Slides on Day of Trading Volatility
On Wednesday, the Euro opened trading against the Pound at a level of £0.8870 and closed slightly higher around £0.8884. Despite the overall appreciation, the Euro to Pound exchange rate (EUR/GBP) was volatile during the day because of GBP trader reactions to news of higher UK inflation rates. Euro to Pound Sterling (EUR/GBP) Exchange...

CATEGORIES: Euro Pound Forecasts

GBP to NZD Exchange Rate Tumbles on Risk-Sentiment Ahead of New Zealand Growth Report

19 Sep 2018 at 4 PM - Written by Toni Johnson

GBP to NZD Exchange Rate Tumbles on Risk-Sentiment Ahead of New Zealand Growth Report
Despite market uncertainty ahead of the publication of New Zealand’s Q2 growth results, a combination of fresh Brexit jitters and higher demand for risk-correlated currencies kept pressure on the British Pound to New Zealand Dollar (GBP/NZD) exchange rate on Thursday. Brexit hopes initially helped GBP/NZD to see fairly steady movement...

CATEGORIES: Pound New Zealand Dollar Forecasts

PM’s No-Deal Brexit Ultimatum Triggers -0.8% GBP/AUD Exchange Rate Drop

18 Sep 2018 at 3 PM - Written by Toni Johnson

PM’s No-Deal Brexit Ultimatum Triggers -0.8% GBP/AUD Exchange Rate Drop
Monday opened with the Pound trading at a level of AU$1.8295 against the Australian Dollar: the GBP/AUD exchange rate closed daily trading around AU$1.8394. Beyond the opening and closing rates, the Pound’s worst daily exchange rate was AU$1.8246. Pound Sterling to Australian Dollar Exchange Rate News: GBP/AUD Drops by -0.8% as Brexit...

CATEGORIES: Pound Australian Dollar Forecasts

EUR to GBP Exchange Rate Steadies Ahead of Anticipated Brexit Developments

17 Sep 2018 at 5 PM - Written by Toni Johnson

EUR to GBP Exchange Rate Steadies Ahead of Anticipated Brexit Developments
The Pound saw sturdy performance on Monday, as it continued to find support in last week’s Brexit developments and as investors anticipated further Brexit comments this week. This meant the Euro to British Pound (EUR/GBP) exchange rate was unable to recover any of last week’s losses and instead saw tight movement. Last week saw EUR/GBP...

CATEGORIES: Euro Pound Forecasts