Latest Articles by Toni Johnson

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

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

EUR to USD Exchange Rate Hits Weekly Worst as Eurozone Growth Concerns Deepen

23 Sep 2019 at 4 PM - Written by Toni Johnson

EUR to USD Exchange Rate Hits Weekly Worst as Eurozone Growth Concerns Deepen
Following last week’s modest fall, the Euro to US Dollar (EUR/USD) exchange rate could be in for further losses this week as yet more Eurozone ecostats disappoint investors. The Euro and US Dollar have a negative correlation, so the latest Euro weakness has bolstered US Dollar strength and the latest US-China trade hopes have only supported...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to AUD Exchange Rate Reaches 4-Month-Best on Brexit and Reserve Bank of Australia (RBA) Bets

20 Sep 2019 at 11 AM - Written by Toni Johnson

GBP to AUD Exchange Rate Reaches 4-Month-Best on Brexit and Reserve Bank of Australia (RBA) Bets
Despite persisting concerns about the possibility of a worst-case scenario no-deal Brexit, and a lack of solid support for the Pound this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate has been climbing solidly almost all week. Speculation that a softer Brexit is becoming more likely, as well as rising Reserve Bank of...

CATEGORIES: Pound Australian Dollar Forecasts

USD to CAD Exchange Rate Tumbles from Month-Best Ahead of Bank of Canada (BoC) Policy Decision

4 Sep 2019 at 1 PM - Written by Toni Johnson

USD to CAD Exchange Rate Tumbles from Month-Best Ahead of Bank of Canada (BoC) Policy Decision
Concerns that the US economy was also suffering from global trade tensions and the US-China trade war only worsened yesterday when the latest US ecostats fell short of forecasts, and the US Dollar to Canadian Dollar (USD/CAD) exchange rate has fallen back from its best levels in over a month. The Canadian Dollar has also been firming as...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

GBP to CAD Exchange Rate Climbs on UK Inflation as US-China Reprieve Wears Off

14 Aug 2019 at 1 PM - Written by Toni Johnson

GBP to CAD Exchange Rate Climbs on UK Inflation as US-China Reprieve Wears Off
Despite no-deal Brexit fears still weighing heavily on the Pound outlook, the British Pound to Canadian Dollar (GBP/CAD) exchange rate is climbing again today. The Pound’s appeal has been bolstered by an unexpected rise in UK inflation and Bank of England speculation, making it easier for the British currency to gain against a trade-war...

CATEGORIES: Pound Canadian Dollar Forecasts