Latest Articles by Toni Johnson

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

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

GBP to USD Exchange Rate Hits Monthly High on Hopes for Brexit Deal Within 8 Weeks

11 Sep 2018 at 12 PM - Written by Toni Johnson

GBP to USD Exchange Rate Hits Monthly High on Hopes for Brexit Deal Within 8 Weeks
While Brexit uncertainties and US Dollar resilience have kept the pressure up, the British Pound to US Dollar (GBP/USD) exchange rate touched new monthly highs on Tuesday morning thanks to fresh optimism in UK-EU Brexit negotiations, as well as some surprisingly strong UK wage data. Despite some late-week Brexit optimism, GBP/USD still...

CATEGORIES: Pound Dollar Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Slides as Brexit Fears Weigh on Sterling

28 Aug 2018 at 5 PM - Written by Toni Johnson

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Slides as Brexit Fears Weigh on Sterling
Repeated Mentions of No-Deal Brexit Drag GBP/CAD Exchange Rate Down Today The Pound (GBP) has fallen by -0.5% against the Canadian Dollar (CAD) today, trading at a level of CA$1.6633 on the interbank exchange rate. This poor performance has been caused by ongoing and intensifying trader fears about a no-deal Brexit damaging the UK...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Weakens on No-Deal Brexit Papers

23 Aug 2018 at 5 PM - Written by Toni Johnson

Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Weakens on No-Deal Brexit Papers
Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Drops by -0.3% on Brexit Emergency Plans The Pound (GBP) has made a moderate loss against the Canadian Dollar (CAD) today, dropping by -0.3% in the pairing. This deterioration has been caused by the latest Brexit development, which has consisted of the government releasing some...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to AUD Exchange Rate Avoids Losses amid Dovish Reserve Bank of Australia Meeting Minutes

21 Aug 2018 at 10 AM - Written by Toni Johnson

GBP to AUD Exchange Rate Avoids Losses amid Dovish Reserve Bank of Australia Meeting Minutes
Amid a quieter UK economic calendar and a lack of fresh Brexit developments in recent sessions, the British Pound to Australian Dollar (GBP/AUD) exchange rate looked to rebound slightly as investors bought the cheap Pound. GBP/AUD has been more easily able to hold away from its worst levels as the Australian Dollar was weighed by the latest...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 0.9% on Rand Weakness

17 Aug 2018 at 3 PM - Written by Toni Johnson

Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 0.9% on Rand Weakness
On Thursday, the Pound opened trading against the South African Rand at a level of 18.5373 and closed slightly higher around 18.7123. This appreciation in the GBP/ZAR exchange rate was caused by the news that UK retail sales activity had risen in July, beating forecasts across the board. While this news raised confidence among GBP...

CATEGORIES: Pound Rand Forecasts