Latest Articles by Toni Johnson

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

GBP to USD Exchange Rate Ends Week Near Post-Brexit Highs on Bank of England (BoE) Bets

13 Apr 2018 at 3 PM - Written by Toni Johnson

GBP to USD Exchange Rate Ends Week Near Post-Brexit Highs on Bank of England (BoE) Bets
Underwhelming UK data was not enough to keep the Pound weak last week, as the British Pound to US Dollar (GBP/USD) exchange rate put in solid gains throughout the week thanks to bets of Bank of England (BoE) hawkishness, as well as geopolitical tensions weighing on the US Dollar. Thanks to broad Pound strength and heavily mixed US Dollar...

CATEGORIES: Pound Dollar Forecasts

GBP/EUR Exchange Rate Rises 0.5% as European Central Bank (ECB) Accounts Devalue Euro

12 Apr 2018 at 3 PM - Written by Toni Johnson

GBP/EUR Exchange Rate Rises 0.5% as European Central Bank (ECB) Accounts Devalue Euro
On Wednesday, the Pound to Euro exchange rate fluctuated but ultimately closed down slightly lower than its opening level. The GBP/EUR exchange rate opened in the region of 1.1470 on Wednesday morning, later falling to a marginally lower range of 1.1467 by the evening. The day’s UK data was negative for the most part, showing among...

CATEGORIES: Pound Euro Forecasts

Rise in UK Productivity Levels Inspires Minor Pound to US Dollar Exchange Rate Advance

6 Apr 2018 at 12 PM - Written by Toni Johnson

Rise in UK Productivity Levels Inspires Minor Pound to US Dollar Exchange Rate Advance
On Thursday’s trading session, the Pound to US Dollar exchange rate saw an overall decline, opening in the region of 1.4088 but closing down lower around 1.4008. Pound to US Dollar Exchange Rate Improves after UK Productivity Reported Higher The Office for National Statistics (ONS) has contributed to today’s GBP/USD exchange rate...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Tumbles as UK Services PMI Falls Short of Forecasts

5 Apr 2018 at 5 PM - Written by Toni Johnson

GBP to NZD Exchange Rate Tumbles as UK Services PMI Falls Short of Forecasts
A combination of disappointing UK ecostats and higher market demand for risky trade-correlated currencies caused the British Pound to New Zealand Dollar (GBP/NZD) exchange rate to fall on Thursday. The pair is currently on track to end the week below its opening levels. Despite briefly touching a high of 1.9516 on Tuesday, GBP/NZD looks on...

CATEGORIES: Pound New Zealand Dollar Forecasts

EUR/GBP Exchange Rate Tight as Euro Traders Consider Universal Eurozone Fund

26 Mar 2018 at 5 PM - Written by Toni Johnson

EUR/GBP Exchange Rate Tight as Euro Traders Consider Universal Eurozone Fund
Last week, the Euro to Pound exchange rate (EUR/GBP) fell from an opening level of 0.8806 on Monday morning to later close around 0.8743 on Friday evening. Previous Eurozone data consisted of a sharply shrinking trade balance reading for January, but conversely much higher-than-expected growth in the level of monthly construction...

CATEGORIES: Euro Pound Forecasts

GBP/ZAR Exchange Rate Stable as Bank of England (BoE) Tipped for May Interest Rate Hike

22 Mar 2018 at 4 PM - Written by Toni Johnson

GBP/ZAR Exchange Rate Stable as Bank of England (BoE) Tipped for May Interest Rate Hike
On Wednesday’s trading session, the Pound to Rand exchange rate declined overall, having shifted from an opening level of 16.7589 to later close down lower in the region of 16.7251. Wednesday’s major UK data covered the unemployment rate and changes to average earnings in January. Unemployment unexpectedly fell from 4.4% to 4.3%,...

CATEGORIES: Pound Rand Forecasts

Pound Swiss Franc (GBP/CHF) Exchange Rate Climbs as Brussels and Downing Street Agree on Brexit Transition Proposal

20 Mar 2018 at 1 PM - Written by Toni Johnson

Pound Swiss Franc (GBP/CHF) Exchange Rate Climbs as Brussels and Downing Street Agree on Brexit Transition Proposal
Brexit Transition Fundamentals Agreed – Sterling (GBP) Exchange Rates Climb The Pound to Swiss Franc (GBP/CHF) exchange rate extended its climb on Tuesday, supported by Monday’s news that Downing Street and Brussels have agreed on the fundamental elements of a 2-year Brexit transition period for the UK. Following a series of...

CATEGORIES: Pound Swiss Franc Forecasts

New Zealand GDP Disappoints - Pound New Zealand Dollar (GBP/NZD) Exchange Rate Struggles to Capitalise

15 Mar 2018 at 3 PM - Written by Toni Johnson

New Zealand GDP Disappoints - Pound New Zealand Dollar (GBP/NZD) Exchange Rate Struggles to Capitalise
GBP/NZD Exchange Rate Fluctuates amid Unilever Pick of Rotterdam as HQ instead of London The Pound New Zealand Dollar (GBP/NZD) exchange rate fluctuated on Thursday, falling in the early hours as markets responded to news that the Anglo-Dutch consumer goods giant Unilever has picked Rotterdam, rather than London as the location for its...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Fluctuates amid Escalations with Russia

14 Mar 2018 at 3 PM - Written by Toni Johnson

Pound US Dollar (GBP/USD) Exchange Rate Fluctuates amid Escalations with Russia
Sterling (GBP) Exchange Rates Flounder as UK Moves to Expel 23 Russian Diplomats The Pound US Dollar (GBP/USD) exchange rate fluctuated on Wednesday, supported by yesterday’s upbeat Spring Budget statement and revised growth forecasts from UK Chancellor Philip Hammond, but floundering later into the day as UK Prime Minister Theresa May...

CATEGORIES: Pound Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Climbs on Hopes for Tomorrow’s UK Spring Budget Statement

12 Mar 2018 at 4 PM - Written by Toni Johnson

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Climbs on Hopes for Tomorrow’s UK Spring Budget Statement
Analysts Anticipate Upbeat UK OBR Forecast – Pound (GBP) Exchange Rate Outlook Climbs The Pound New Zealand Dollar (GBP/NZD) exchange rate hit the ground running this week, climbing against the ‘Kiwi’ as markets prepared for the possibility of an upwardly revised growth forecast from the Office of Budgeting Responsibility. UK...

CATEGORIES: Pound New Zealand Dollar Forecasts