Latest Articles by Toni Johnson

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

USD/GBP Clings on to Minor Gains Ahead of FOMC Meeting Minutes Release

11 Oct 2017 at 3 PM - Written by Toni Johnson

USD/GBP Clings on to Minor Gains Ahead of FOMC Meeting Minutes Release
Gains against the British Pound are the exception for the US Dollar on a day of otherwise universal losses. The USD/GBP exchange rate has managed to hold just above opening levels at around 0.7575 thanks to fresh concerns around the type of Brexit the UK will end up undertaking in 2019. USD Wary Ahead of FOMC Minutes, but Holds above...

CATEGORIES: Dollar Pound Forecasts

GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

10 Oct 2017 at 3 PM - Written by Toni Johnson

GBP to CAD Exchange Rate Firm Despite Rising Oil Prices
Signs that the oil market may finally be rebalancing have not caused a notable shift in Canadian Dollar movement, as the British Pound to Canadian Dollar exchange rate has held most of yesterday’s gains due to rising hopes for tighter Bank of England (BoE) policy. Due to BoE hopes and cooling political jitters, the GBP/CAD exchange rate...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP AUD Fluctuates as the UK’s Service Sector Demonstrates Growth

4 Oct 2017 at 2 PM - Written by Toni Johnson

GBP AUD Fluctuates as the UK’s Service Sector Demonstrates Growth
The Pound Australian Dollar exchange rate has fluctuated today with the ‘Aussie’ Dollar initially taking the lead on the relative weakness of the US Dollar, before the UK’s robust service sector PMI successfully propelled Sterling to the forefront in the afternoon. GBP Climbs on Wednesday’s Robust PMI Data The Pound inched...

CATEGORIES: Australian Dollar Forecasts

GBP CAD Climbs Following Poor Canadian Inflation Print

25 Sep 2017 at 3 PM - Written by Toni Johnson

GBP CAD Climbs Following Poor Canadian Inflation Print
The Pound to Canadian Dollar exchange rate soared on Monday as markets continued to digest last week’s disappointing Canadian inflation figures and this week’s tenuous win for Angela Merkel. Canadian Data Disappoints, GBP CAD Capitalises Last week’s Canadian data prints proved somewhat disappointing for investors as the core...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to NZD Exchange Rate Surges as NZ Election Result Causes Uncertainty

25 Sep 2017 at 1 PM - Written by Toni Johnson

GBP to NZD Exchange Rate Surges as NZ Election Result Causes Uncertainty
Last week’s Brexit news caused the British Pound to New Zealand Dollar exchange rate to plummet, but when markets opened on Monday it was the New Zealand Dollar being sold due to political uncertainties. Markets digested the mixed results of New Zealand’s 2017 general election. After days of volatile trade, GBP/NZD fell from near the...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to EUR Exchange Rate Sold from Highs as Bank of England (BoE) Speculation Cools

19 Sep 2017 at 1 PM - Written by Toni Johnson

GBP to EUR Exchange Rate Sold from Highs as Bank of England (BoE) Speculation Cools
September’s Bank of England (BoE) meeting minutes and following speeches from BoE policymakers helped the British Pound to Euro exchange rate to surge, but the BoE Governor, Mark Carney, has since taken a more cautious stance again. Last week saw GBP/EUR surge from 1.0963 to around 1.1377 due to BoE news. The pair briefly touched on a...

CATEGORIES: Pound Euro Forecasts

Intraday Pound to Dollar Rate Price Patterns "Look Weak, Bearish Outside Range Session on 6-Hour Chart"

14 Sep 2017 at 7 AM - Written by Toni Johnson

Intraday Pound to Dollar Rate Price Patterns "Look Weak, Bearish Outside Range Session on 6-Hour Chart"
The British Pound to dollar exchange rate has "stumbled badly" after the latest UK wage growth figures missed forecasts. GBP/USD fell to trend in the region of 1.3282, although the US Dollar has made gains more thanks to the weakness in the Pound than because of any intrinsic strength. Scotiabank analysts note a bearish near-term...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures

12 Sep 2017 at 12 PM - Written by Toni Johnson

GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures
Yesterday, the Pound gradually appreciated against the Euro from an opening exchange rate of 1.0977 to a close in the region of 1.1013. Rising UK Inflation Pushes Up GBP/EUR Exchange Rate As mentioned above, a significant rise in UK inflation has led to the Pound climbing against the Euro. The advance has been notable, consisting of an...

CATEGORIES: Euro Pound Forecasts

The Pound to Australian Dollar Exchange Rate Holds 1.28 as Aussie Retail Sales Disappoints

7 Sep 2017 at 5 PM - Written by Toni Johnson

The Pound to Australian Dollar Exchange Rate Holds 1.28 as Aussie Retail Sales Disappoints
The Pound to Australian Dollar exchange rate is hovering around the daily open, quoted at 1.62857 on Thursday, 7 September. Aussie Retail Sales printed at just 0.0%, 0.2% below market expectations. The Aussie has seen weakness on foreign exchange markets after the most recent Australian ecostats have failed to impress markets. After...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Pound Canadian Dollar (GBP CAD) Soars as the Canadian Current Account Deficit Widens

30 Aug 2017 at 4 PM - Written by Toni Johnson

Pound Canadian Dollar (GBP CAD) Soars as the Canadian Current Account Deficit Widens
The Pound rallied against the Canadian Dollar today on news that Canada’s current account deficit increased whilst mortgage approvals in the UK for July surged. Imports exceeded exports, Statistics Canada reported, with the Canadian current account deficit demonstrated to have widened in Q2 of this year (though less than anticipated)....

CATEGORIES: Pound Canadian Dollar Forecasts