Latest Articles by Toni Johnson

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

Pound Loses Ground to Australian Dollar on Poor UK Sales Stats

19 Oct 2017 at 5 PM - Written by Toni Johnson

Pound Loses Ground to Australian Dollar on Poor UK Sales Stats
During Wednesday’s trading session, the Pound appreciated against the Australian Dollar. Opening trading at a rate of 1.6807, GBP later closed higher at 1.6847. GBP AUD Exchange Rate Down -0.5% as UK Sales Disappoint The Pound has dropped against most currency peers today, following a disappointing result for UK retail sales in...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to EUR Exchange Rate Avoids Further Losses as UK Wages Beat Forecasts

18 Oct 2017 at 11 AM - Written by Toni Johnson

GBP to EUR Exchange Rate Avoids Further Losses as UK Wages Beat Forecasts
Brexit concerns and a slight drop in Bank of England (BoE) interest rate hike bets caused the British Pound to Euro exchange rate to fall during Tuesday trade. The pair avoided further losses this morning as the latest UK wage data beat expectations. Political uncertainties caused the GBP/EUR exchange rate to fluctuate earlier in the week...

CATEGORIES: Pound Euro Forecasts

USD/GBP Clings on to Minor Gains Ahead of FOMC Meeting Minutes Release

11 Oct 2017 at 3 PM - Written by Toni Johnson

USD/GBP Clings on to Minor Gains Ahead of FOMC Meeting Minutes Release
Gains against the British Pound are the exception for the US Dollar on a day of otherwise universal losses. The USD/GBP exchange rate has managed to hold just above opening levels at around 0.7575 thanks to fresh concerns around the type of Brexit the UK will end up undertaking in 2019. USD Wary Ahead of FOMC Minutes, but Holds above...

CATEGORIES: Dollar Pound Forecasts

GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

10 Oct 2017 at 3 PM - Written by Toni Johnson

GBP to CAD Exchange Rate Firm Despite Rising Oil Prices
Signs that the oil market may finally be rebalancing have not caused a notable shift in Canadian Dollar movement, as the British Pound to Canadian Dollar exchange rate has held most of yesterday’s gains due to rising hopes for tighter Bank of England (BoE) policy. Due to BoE hopes and cooling political jitters, the GBP/CAD exchange rate...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP AUD Fluctuates as the UK’s Service Sector Demonstrates Growth

4 Oct 2017 at 2 PM - Written by Toni Johnson

GBP AUD Fluctuates as the UK’s Service Sector Demonstrates Growth
The Pound Australian Dollar exchange rate has fluctuated today with the ‘Aussie’ Dollar initially taking the lead on the relative weakness of the US Dollar, before the UK’s robust service sector PMI successfully propelled Sterling to the forefront in the afternoon. GBP Climbs on Wednesday’s Robust PMI Data The Pound inched...

CATEGORIES: Australian Dollar Forecasts

GBP CAD Climbs Following Poor Canadian Inflation Print

25 Sep 2017 at 3 PM - Written by Toni Johnson

GBP CAD Climbs Following Poor Canadian Inflation Print
The Pound to Canadian Dollar exchange rate soared on Monday as markets continued to digest last week’s disappointing Canadian inflation figures and this week’s tenuous win for Angela Merkel. Canadian Data Disappoints, GBP CAD Capitalises Last week’s Canadian data prints proved somewhat disappointing for investors as the core...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to NZD Exchange Rate Surges as NZ Election Result Causes Uncertainty

25 Sep 2017 at 1 PM - Written by Toni Johnson

GBP to NZD Exchange Rate Surges as NZ Election Result Causes Uncertainty
Last week’s Brexit news caused the British Pound to New Zealand Dollar exchange rate to plummet, but when markets opened on Monday it was the New Zealand Dollar being sold due to political uncertainties. Markets digested the mixed results of New Zealand’s 2017 general election. After days of volatile trade, GBP/NZD fell from near the...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to EUR Exchange Rate Sold from Highs as Bank of England (BoE) Speculation Cools

19 Sep 2017 at 1 PM - Written by Toni Johnson

GBP to EUR Exchange Rate Sold from Highs as Bank of England (BoE) Speculation Cools
September’s Bank of England (BoE) meeting minutes and following speeches from BoE policymakers helped the British Pound to Euro exchange rate to surge, but the BoE Governor, Mark Carney, has since taken a more cautious stance again. Last week saw GBP/EUR surge from 1.0963 to around 1.1377 due to BoE news. The pair briefly touched on a...

CATEGORIES: Pound Euro Forecasts

Intraday Pound to Dollar Rate Price Patterns "Look Weak, Bearish Outside Range Session on 6-Hour Chart"

14 Sep 2017 at 7 AM - Written by Toni Johnson

Intraday Pound to Dollar Rate Price Patterns "Look Weak, Bearish Outside Range Session on 6-Hour Chart"
The British Pound to dollar exchange rate has "stumbled badly" after the latest UK wage growth figures missed forecasts. GBP/USD fell to trend in the region of 1.3282, although the US Dollar has made gains more thanks to the weakness in the Pound than because of any intrinsic strength. Scotiabank analysts note a bearish near-term...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures

12 Sep 2017 at 12 PM - Written by Toni Johnson

GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures
Yesterday, the Pound gradually appreciated against the Euro from an opening exchange rate of 1.0977 to a close in the region of 1.1013. Rising UK Inflation Pushes Up GBP/EUR Exchange Rate As mentioned above, a significant rise in UK inflation has led to the Pound climbing against the Euro. The advance has been notable, consisting of an...

CATEGORIES: Euro Pound Forecasts