Latest Articles by Toni Johnson

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

GBP to ZAR Exchange Rate Continues Advances despite UK PM Boris Johnson Contracting Coronavirus

27 Mar 2020 at 12 PM - Written by Toni Johnson

GBP to ZAR Exchange Rate Continues Advances despite UK PM Boris Johnson Contracting Coronavirus
Investors continued to buy the British Pound to South African Rand (GBP/ZAR) exchange rate through the end of the week. The Pound continued to benefit from the market’s slightly stronger demand for riskier assets, but the Rand failed to capitalise at all. This is due to signs that South Africa is struggling with the coronavirus outbreak,...

CATEGORIES: Pound Rand Forecasts

GBP to AUD Exchange Rate Slips Again as Federal Reserve’s Coronavirus Action Boosts Sentiment

23 Mar 2020 at 3 PM - Written by Toni Johnson

GBP to AUD Exchange Rate Slips Again as Federal Reserve’s Coronavirus Action Boosts Sentiment
Markets opened this week to fresh coronavirus panic, but the British Pound to Australian Dollar (GBP/AUD) exchange rate is currently tumbling. The latest stimulus action from govermments and central banks is keeping markets a little more optimistic, which is helping risk-correlated currencies like the Australian Dollar to avoid deeper losses....

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Advances as Reserve Bank of Australia Leaves Door Open for Rate Cut

18 Feb 2020 at 5 PM - Written by Toni Johnson

GBP to AUD Exchange Rate Advances as Reserve Bank of Australia Leaves Door Open for Rate Cut
Even with Australian data decent recently, the Australian Dollar has seen a volatile few weeks due to persisting market concerns over a coronavirus outbreak, and this is making it easier for the British Pound to Australian Dollar (GBP/AUD) exchange rate to sustain gains. The Pound is benefitting from weakness in rivals, as well as rising...

CATEGORIES: Pound Australian Dollar Forecasts

Euro to Pound Exchange Rate: EUR/GBP Dips as German Confidence Data Shows Limited Signs of Recovery

27 Jan 2020 at 3 PM - Written by Toni Johnson

Euro to Pound Exchange Rate: EUR/GBP Dips as German Confidence Data Shows Limited Signs of Recovery
While Bank of England (BoE) interest rate cut speculation persists and demand for the Pound is limited, the Euro to British Pound (EUR/GBP) exchange rate continues to see weak performance today. The Euro has been lacking in support lately, and this morning’s Eurozone data has done little to change that. For now, Euro and Pound investors are...

CATEGORIES: Euro Pound Forecasts

GBP to JPY Exchange Rate Holds Ground as Investors Continue to Sell Safe Havens

14 Jan 2020 at 3 PM - Written by Toni Johnson

GBP to JPY Exchange Rate Holds Ground as Investors Continue to Sell Safe Havens
While the Pound has slumped against many major currencies on Bank of England (BoE) interest rate cut bets this week, the British Pound to Japanese Yen (GBP/JPY) exchange rate has been able to avoid significant losses due to market aversion to safe haven currencies this week. Investors have been hesitant to buy the safe haven Japanese Yen as...

CATEGORIES: Pound Yen Forecasts

GBP to AUD Exchange Rate Holds Weekly Highs amid Chinese Manufacturing Miss and Strong USD

2 Jan 2020 at 2 PM - Written by Toni Johnson

GBP to AUD Exchange Rate Holds Weekly Highs amid Chinese Manufacturing Miss and Strong USD
Despite broad market hopes that the global growth and trade outlooks will improve in 2020, market risk and trade sentiment dipped today and the British Pound to Australian Dollar (GBP/AUD) exchange rate was able to more easily hold this week’s advances. The Pound lacks the drive to advance much higher though, and if upcoming Australian data...

CATEGORIES: Pound Australian Dollar Forecasts

EUR to GBP Exchange Rate Recovers Last Week’s Losses as Hard Brexit Fears Return

17 Dec 2019 at 3 PM - Written by Toni Johnson

EUR to GBP Exchange Rate Recovers Last Week’s Losses as Hard Brexit Fears Return
A lack of fresh support in Eurozone data has done little to stop the Euro from being one of the market’s most appealing major currencies today, as the Euro to British Pound (EUR/GBP) exchange rate soared over 1.0% in reaction to the latest shock in the Brexit process. UK Prime Minister Boris Johnson has indicated that he is unwilling to...

CATEGORIES: Forecasts

GBP to USD Exchange Rate Slips from Highs but Dollar Strength Limited

28 Nov 2019 at 3 PM - Written by Toni Johnson

GBP to USD Exchange Rate Slips from Highs but Dollar Strength Limited
Due to a combination of lingering UK election uncertainty and yesterday’s strong US data, the British Pound to US Dollar (GBP/USD) exchange rate has struggled to hold its best weekly levels. However, the pair is still trending strongly overall thanks to the latest UK election polls, as well as fresh US-China trade uncertainties weighing on...

CATEGORIES: Pound Dollar Forecasts

EUR to USD Exchange Rate Slips from Highs as Eurozone Data Continues to Paint Uncertain Picture

31 Oct 2019 at 1 PM - Written by Toni Johnson

EUR to USD Exchange Rate Slips from Highs as Eurozone Data Continues to Paint Uncertain Picture
While the Euro to US Dollar (EUR/USD) exchange rate has seen notable gains this week so far, the pair has slipped from its best levels today as investors are hesitant to keep buying the Euro amid a lack of strong domestic support. Still, the primary movement in the pair since last night has been a strong gain in response to the Federal...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to USD Exchange Rate Close to 5-Month-Highs despite Brexit Uncertainties

18 Oct 2019 at 11 AM - Written by Toni Johnson

GBP to USD Exchange Rate Close to 5-Month-Highs despite Brexit Uncertainties
Yesterday’s excitement that a new UK-EU Brexit deal had been reached has only had a limited impact on the British Pound to US Dollar (GBP/USD) exchange rate, as markets remember that there is not much support among MPs for the government’s Brexit plan. Despite this though, the Pound continues to perform fairly strongly today as the US...

CATEGORIES: Pound Dollar Forecasts