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Dollar Pound forecast - USD GBP

A round up of the latest Dollar Pound forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 06:20:01 Dollar Pound Rate »
USD/GBP +0 Days Low Days High Last Daily
0.78488 +0.03% 0.78401 0.78498 0.78462

Speculation over Central Bank Rate Hike Odds Boosts GBP USD Exchange Rate

23 Jun 2017 at 12 PM - Written by David Woodsmith

Ahead of the weekend the Pound US Dollar exchange rate remained on a bullish run, in spite of the ongoing sense of political uncertainty hanging over the UK government. As the Conservatives have still not finalised a confidence and supply arrangement with the controversial Democratic Unionist Party (DUP) the strength of the minority...

CATEGORIES: Dollar Pound Forecasts

Muted UK Wage Growth Could Prompt GBP USD Exchange Rate Downtrend Ahead of BoE Meeting

13 Jun 2017 at 5 PM - Written by Frank Davies

As the Conservatives looked set to secure a confidence and supply arrangement with the Democratic Unionist Party (DUP) in order to shore up a minority government the Pound US Dollar exchange rate recovered some ground. With the sense of political uncertainty in the UK diminishing somewhat investors were encouraged to pile back into...

CATEGORIES: Dollar Pound Forecasts

USD GBP Exchange Rate Falls as Potentially Explosive Congress Hearing Approaches

13 Jun 2017 at 3 PM - Written by Toni Johnson

The US Dollar has fallen against the Pound today, ahead of the second high-stakes congressional hearing in two weeks. Following the non-event of former FBI Director James Comey last week, today’s testimony will be from Attorney General Jeff Sessions. Sessions is facing questions from key Democrat and Republican figures, who will be...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts

Hung Parliament Continues to Weigh on GBP USD Exchange Rate as Political Uncertainty Persists

12 Jun 2017 at 5 PM - Written by David Woodsmith

The fallout from the snap general election continued to weigh on the Pound US Dollar exchange rate at the start of the new week, driving the pairing to a fresh eight-week low. News that the Queen’s speech will be postponed gave rise to fresh political jitters, signalling that the partnership between the Conservatives and the DUP is far...

CATEGORIES: Dollar Pound Forecasts

Formation of Conservative Minority Government Dents USD GBP Exchange Rate

9 Jun 2017 at 3 PM - Written by Toni Johnson

Once the exit polls for the UK general election came in the US Dollar Pound exchange rate saw a sharp uptick overnight. However, the US Dollar struggled to hold onto its gains against the Pound for long as markets absorbed the implications of a hung parliament. As Theresa May was quick to form a partnership with the Democratic Unionist...

CATEGORIES: Dollar Pound Forecasts

USD GBP Exchange Rate Slumps after Trump Communications Director Quits

30 May 2017 at 4 PM - Written by Ben Hughes

The US Dollar-damaging headline has been that Michael Dubke, the Trump administration’s Communications Director, has quit. The news comes as Trump returns from his first international tour, having passed through the Middle East and Europe on a whistle-stop visit. Dubke’s surprise resignation may be just the first of many removals and...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

USD to EUR Exchange Rate Tumbles on Hawkish Merkel, Strong Eurozone Data

23 May 2017 at 11 AM - Written by Frank Davies

Demand for the US Dollar has been limp in recent weeks which has led to easy gains for the Euro. As a result, the US Dollar to Euro exchange rate dropped on Monday as the shared currency was bolstered by hawkish comments from German Chancellor Angela Merkel. Last week saw significant losses for USD/EUR as the pair fell from 0.9149 to...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts

GBP USD Exchange Rate Rockets to Seven-Month High as Retail Sales Surge

18 May 2017 at 2 PM - Written by Ben Hughes

The GBP USD exchange rate surged to a new seven-month high this morning as the UK’s retail sales grew faster than expected last month. The Pound leapt over $1.30 for the first time since early October as data released by the Office for National Statistics (ONS) showed that UK retail sales surged from -1.4% to 2.3% in April, sailing past...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

GBP to USD Exchange Rate Benefits from Trump Uncertainty

17 May 2017 at 1 PM - Written by Tim Boyer

While Sterling has dropped against some other major currencies this week, the Pound to US Dollar exchange rate has advanced. Rising political anxiety in the US has harmed Fed rate hike bets and the appeal of the US Dollar. Last week saw GBP/USD drop to 1.2886. However, since markets opened this week the pair has trended higher. On...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP to USD Exchange Rate Benefits from Trump Jitters

10 May 2017 at 12 PM - Written by Ben Hughes

After slipping earlier in the week, the Pound to US Dollar exchange rate began to recover on Tuesday evening and Wednesday as investors reacted with shock to news that US President Donald Trump had fired the Director of the FBI. Despite recovery from its weekly lows, GBP/USD continues to trend below the week’s opening levels. GBP/USD...

CATEGORIES: Dollar Pound Forecasts