Latest Articles by Toni Johnson

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

GBP to EUR Exchange Rate Remains Near Weekly Worst Despite Disappointing German Data

31 Jan 2019 at 11 AM - Written by Toni Johnson

GBP to EUR Exchange Rate Remains Near Weekly Worst Despite Disappointing German Data
Despite broad concerns about the Eurozone’s slowing economy and a lack of domestic support for the Euro, the British Pound to Euro (GBP/EUR) exchange rate continued to slide today amid No-deal Brexit fears and the latest Federal Reserve news. The pair is unlikely to recover later in the week as Brexit uncertainty persists. After last...

CATEGORIES: Pound Euro Forecasts

GBP to USD Exchange Rate Nears Weekly Best amid Brexit Hopes and Risk-Sentiment

23 Jan 2019 at 11 AM - Written by Toni Johnson

GBP to USD Exchange Rate Nears Weekly Best amid Brexit Hopes and Risk-Sentiment
After struggling to climb earlier in the week amid market demand for safe haven currencies like the US Dollar, the British Pound to US Dollar (GBP/USD) exchange rate has seen stronger demand since yesterday and continued to climb this morning. Demand for the Pound rose thanks to UK data and Brexit speculation, while the US Dollar has been...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar Exchange Rate Investors Brace for Tuesday’s UK Parliament Brexit Vote

18 Jan 2019 at 7 AM - Written by Toni Johnson

Pound Canadian Dollar Exchange Rate Investors Brace for Tuesday’s UK Parliament Brexit Vote
Due to combination of Brexit hopes and weaker commodity price news, the British Pound to Canadian Dollar (GBP/CAD) exchange rate recovered at the end of last week. Despite broad Brexit uncertainties on Monday, the Canadian Dollar failed to capitalise due to weaker market appetite for riskier currencies. After opening last week at the level...

CATEGORIES: Pound Canadian Dollar Forecasts

Best Australian Dollar to Pound Exchange Rate of 3 Weeks as FED Dovishness Boosts Risk-Sentiment

11 Jan 2019 at 1 AM - Written by Toni Johnson

Best Australian Dollar to Pound Exchange Rate of 3 Weeks as FED Dovishness Boosts Risk-Sentiment
A combination of Brexit uncertainties and rising risk-sentiment has made the British Pound to Australian Dollar (GBP/AUD) exchange rate unappealing this week. The Pound is also unlikely to find much strength in the coming days, as investors highly anticipate a UK Parliament vote on Brexit set to be held next week. Since the beginning of...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Holds Above Week’s Opening Levels Despite Concerns about UK Consumer Activity

28 Dec 2018 at 2 PM - Written by Toni Johnson

GBP to USD Exchange Rate Holds Above Week’s Opening Levels Despite Concerns about UK Consumer Activity
Investors bought the British Pound to US Dollar (GBP/USD) exchange rate on Friday, keeping the pair above the week’s opening levels despite a lack of Sterling appeal. The US Dollar has been weak for most of the week due to US political uncertainties and signs of slowing global growth. A weak Pound has simply been unable to capitalise on USD...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Euro Exchange Rate Avoids Brexit Losses as Euro-zone Data Continues to Disappoint

19 Dec 2018 at 8 AM - Written by Toni Johnson

Pound-to-Euro Exchange Rate Avoids Brexit Losses as Euro-zone Data Continues to Disappoint
The pound to euro exchange rates are seen marginally lower as markets enter the mid-week session. £1 is currently quotes at €1.11139. Despite concerns that a ‘no-deal Brexit’ is becoming more likely than the possibility of a second EU referendum, the British Pound to Euro (GBP/EUR) exchange rate avoided losses on Tuesday. The...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote

12 Dec 2018 at 9 PM - Written by Toni Johnson

Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote
GBP/EUR Exchange Rate Jumps Back to €1.11 On News of No-Confidence Vote  The expectation that Prime Minister Theresa May will survive tonight’s vote of no confidence sent the Pound soaring on Wednesday, with GBP/EUR jumping 0.7% to trade in the region of €1.1115.   The outcome of the vote is likely to encourage further movement...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build

8 Dec 2018 at 9 AM - Written by Toni Johnson

Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build
The British Pound to Euro exchange rates have been unable to benefit from weakness in the single currency or brief rises in speculation that the Brexit process could be somehow avoided altogether. Since opening this week at the level of 1.1265, GBP/EUR has trended with a significant downside bias. GBP/EUR touched a two month low of 1.1186...

CATEGORIES: Pound Euro Forecasts

GBP to USD Exchange Rate Tumbles as Trade Uncertainties and Fed Bets Boost Dollar

27 Nov 2018 at 5 PM - Written by Toni Johnson

GBP to USD Exchange Rate Tumbles as Trade Uncertainties and Fed Bets Boost Dollar
Fresh comments from US President Donald Trump, as well as new Federal Reserve interest rate hike bets, were the primary causes of British Pound to US Dollar (GBP/USD) exchange rate movement on Tuesday. However, the US Dollar’s appeal was limited by mixed US consumer confidence data and lingering risk-sentiment. While GBP/USD only slipped...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Tumbles as Reserve Bank of New Zealand Plays Down Chances of Rate Cut

8 Nov 2018 at 11 AM - Written by Toni Johnson

GBP to NZD Exchange Rate Tumbles as Reserve Bank of New Zealand Plays Down Chances of Rate Cut
Since Wednesday’s strong New Zealand job market report, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has been tumbling. The New Zealand Dollar continued to strengthen on Thursday as the Reserve Bank of New Zealand (RBNZ) tone became more neutral and investors bet that a rate cut from the bank was less likely. After...

CATEGORIES: Pound New Zealand Dollar Forecasts