Latest Articles by Toni Johnson

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

EUR/USD Slides as US Non-farm Payrolls Report Beats Forecasts

8 Dec 2017 at 3 PM - Written by Toni Johnson

EUR/USD Slides as US Non-farm Payrolls Report Beats Forecasts
The Euro to US Dollar exchange rate is weakening today after strong US labour market data improved the outlook for the US economy. The EUR/USD pairing has weakened -0.2% to 1.1752, with poor German trade data further inspiring losses for the common currency. EUR Weakens as Declining German Exports Causes Trade and Current Account...

CATEGORIES: Euro Forecasts

Waning Confidence in Government’s Brexit Plans Sends GBP/NZD Exchange Rate Down

6 Dec 2017 at 4 PM - Written by Toni Johnson

Waning Confidence in Government’s Brexit Plans Sends GBP/NZD Exchange Rate Down
On Tuesday’s trading session, the Pound saw a decline against the New Zealand Dollar from an opening exchange rate of 1.9616 to close at 1.9514 by the end of the day. Lack of Brexit Impact Papers Further Damages GBP/NZD Exchange Rate The Pound has failed to advance against the New Zealand Dollar today, seeing a -0.3% slide in the...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Tumbles as London Fails to Reconcile Agreement with DUP

6 Dec 2017 at 4 PM - Written by Toni Johnson

GBP USD Exchange Rate Tumbles as London Fails to Reconcile Agreement with DUP
The Pound US Dollar (GBP USD) exchange rate continued its slide on Wednesday with markets anticipating a December rate hike from the US Federal Reserve and London failing to successfully reconcile a new deal with the Irish Democratic Unionist Party (DUP). Theresa May Fails to Agree on Deal with DUP, GBP USD Exchange Rate Tumbles UK...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Recovers from Drops on Brexit Hopes

5 Dec 2017 at 5 PM - Written by Toni Johnson

GBP to CAD Exchange Rate Recovers from Drops on Brexit Hopes
Due to concerns about Brexit progress being blocked by Northern Ireland’s DUP, the British Pound to Canadian Dollar exchange rate briefly tumbled on Tuesday. Towards the end of the day Brexit concerns softened and the Pound recovered slightly. After advancing slightly from 1.6946 to 1.7088 last week and having its strength limited by...

CATEGORIES: Pound Canadian Dollar Forecasts

UK Bank Strength Not Enough to Lift GBP/EUR Exchange Rate Above Opening Levels

28 Nov 2017 at 11 AM - Written by Toni Johnson

UK Bank Strength Not Enough to Lift GBP/EUR Exchange Rate Above Opening Levels
The latest Economic Outlook from the Organisation for Economic Co-operation and Development (OECD) has proven gloomy for the UK, but rosier for the Eurozone. The GBP/EUR exchange rate is now stuck at opening levels, with the approach of German consumer confidence data preventing the Euro from capitalising on Pound Sterling weakness this...

CATEGORIES: Pound Euro Forecasts

Little Turbulence from Budget Leaves GBP/AUD Inching Higher on FOMC Minutes Approach

22 Nov 2017 at 4 PM - Written by Toni Johnson

Little Turbulence from Budget Leaves GBP/AUD Inching Higher on FOMC Minutes Approach
The British Pound to Australian Dollar exchange rate is climbing this afternoon, although today’s delivery of the Autumn Budget by Chancellor of the Exchequer Philip Hammond has done nothing to provide further support for Sterling. The GBP/AUD exchange rate was up 0.3% to 1.7509 at the time of writing. Middle of the Road Budget from...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/EUR Climbs on Hopes Theresa May can Break Brexit Deadlock in Brussels

17 Nov 2017 at 11 AM - Written by Toni Johnson

GBP/EUR Climbs on Hopes Theresa May can Break Brexit Deadlock in Brussels
Hopes of progress in the Brexit negotiations today are boosting the British Pound against the Euro, with the latter currency weakened by another display of caution from the Eurozone’s chief central banker. The GBP/EUR exchange rate has been able to record gains of -0.2% so far this morning, which takes the pairing up to 1.1231. GBP...

CATEGORIES: Pound Euro Forecasts

GBP to USD Exchange Rate Falls to Near Week’s Opening Levels on UK Political Uncertainty

8 Nov 2017 at 5 PM - Written by Toni Johnson

GBP to USD Exchange Rate Falls to Near Week’s Opening Levels on UK Political Uncertainty
A lack of strong UK economic data as well as fresh UK political uncertainties caused the British Pound to US Dollar exchange rate to fall back from its weekly highs on Wednesday. The US Dollar struggled to capitalise due to tax reform uncertainty. After trending near a high of 1.3175 for most of the week so far, the GBP/USD exchange rate...

CATEGORIES: Pound Dollar Forecasts

GBP/ZAR Exchange Rate Rises as May Talks Up Brexit Success

6 Nov 2017 at 1 PM - Written by Toni Johnson

GBP/ZAR Exchange Rate Rises as May Talks Up Brexit Success
Last week, the Pound to Rand exchange rate rose from an opening rate of 18.5585 to close higher at 18.5986 on Friday. This wasn’t the best rate of the week, however, as the pairing hit a high of 18.8188 just before a Bank of England (BoE) policy announcement. GBP Trades Higher after PM Reassures on Brexit Preparedness The minor...

CATEGORIES: Pound Rand Forecasts

Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks

31 Oct 2017 at 3 PM - Written by Toni Johnson

Pound Rallies against Canadian Dollar as EU Negotiator Accelerates Brexit Talks
On Monday, the Pound made a day-long advance against the Canadian Dollar. GBP opened trading in the region of 1.6853, later closing higher at a rate of 1.6946. This was brought on by high hopes of a Bank of England (BoE) interest rate hike this week, a sentiment that has been prevailing even today. Pound Surges after EU’s Barnier...

CATEGORIES: Pound Canadian Dollar Forecasts