Currency News

Daily Exchange Rate Forecasts & Currency News

Dollar Pound forecast - USD GBP

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

LIVE EXCHANGE RATE 03:29:53 Dollar Pound Rate »
USD/GBP -0 Days Low Days High Last Daily
0.79627 -0.01% 0.79566 0.79631 0.79631

USD/GBP Hits 8-Week Low After Trump Withdraws Healthcare Bill

27 Mar 2017 at 12 PM - Written by Tim Boyer

The US Dollar to Pound Sterling exchange rate has tumbled -0.9% to 0.7946 as investors continue to fear markets have been too optimistic regarding economic stimulus from President Donald Trump. USD Tumbles as Markets Question Trump Rally Investors are today selling out of the US Dollar after Friday saw Republicans pulling the bill meant...

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GBP USD Exchange Rate Rises on BoE Rate Hike Speculation

20 Mar 2017 at 12 PM - Written by Ben Hughes

The British Pound to US Dollar exchange rate surged on Tuesday as Britain’s February inflation stats came in well above expectations. Dovish comments from Bank of England (BoE) Governor Mark Carney indicated that the bank will overlook a single point of better-than-expected data. Despite this, markets hopes for a tighter outlook from the...

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USD GBP Exchange Rate Could Surge on Hawkish Fed Commentary

15 Mar 2017 at 4 PM - Written by Ben Hughes

The US Dollar to British Pound exchange rate plunged on Thursday afternoon following the week’s Bank of England (BoE) policy decision. While monetary policy was left frozen as expected, Kristin Forbes, a member of the Monetary Policy Committee (MPC), unexpectedly voted to hike UK interest rates back up to 0.5%. This bolstered bets that...

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GBP USD Exchange Rate Slides as UK House Prices Plummet

7 Mar 2017 at 2 PM - Written by Toni Johnson

The GBP USD exchange rate slumped to a new six-week low this morning as markets reacted poorly to the latest Halifax House Price figures. Pound US Dollar (GBP USD) Tumbles as UK Housing Data Disappoints The Pound US Dollar (GBP USD) exchange rate fell this morning following some disappointing housing data from the UK. Data compiled...

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GBP USD Exchange Rate Forecast to Fall on Incoming Fed Speeches

3 Mar 2017 at 1 PM - Written by Ben Hughes

Heavy GBP Losses Triggered by Slide in Services PMI The Pound is set to close trading against the US Dollar this week in a negative position, given the incoming US economic events. On the UK side, the latest decline has been caused by the services PMI for February, which has disappointed markets by showing a drop from 54.5 to 53.3, a...

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Increase in Fed Rate Hike Bets Sends USD/GBP to Multi-Week Best

2 Mar 2017 at 11 AM - Written by Minesh Chaudhari

The US Dollar to Pound exchange rate continued to advance on Thursday morning as investors were unimpressed by this week’s UK data. The US Dollar was able to capitalise thanks to hawkish Fed official comments boosting Federal Reserve interest rate hike bets. USD/GBP began the week trading at the level of 0.8021 and has since gained over...

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GBP USD Exchange Rate Crashes as Near-Term Fed Rate Hike Odds Rise

1 Mar 2017 at 1 PM - Written by Frank Davies

The British Pound to US Dollar exchange rate remained near its worst levels since January on Thursday afternoon as the day’s UK construction data was not enough to make the Pound more appealing than the bullish US Dollar. Demand for the US Dollar was also improved by Thursday afternoon’s news that the number of new US jobless claims...

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UK Jobs Data Shows Slowing Wage Growth, GBP USD Exchange Rate Falls

15 Feb 2017 at 11 AM - Written by Toni Johnson

The British Pound to US Dollar exchange rate made modest gains during Thursday’s European session, despite this week’s impressive US data. As ‘Greenback’ traders focused on stock markets and anticipate US President Trump’s upcoming tax reform plans, the US currency remained jittery. Sterling was bought from its lows on Thursday...

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GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

9 Feb 2017 at 1 PM - Written by Frank Davies

The British Pound to Euro exchange rate trended relatively flatly on Friday, while the British Pound to US Dollar exchange rate slipped by around -0.2%. Despite impressive UK trade data and a strong GDP estimate from NIESR, the Pound performed limply throughout the day. The US Dollar failed to capitalise however, as Michigan University’s...

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USD Recovers from Lows, GBP to USD Exchange Rate Slips

6 Feb 2017 at 1 PM - Written by John Cameron

The British Pound to US Dollar exchange rate continued to trend at its worst levels in over a week on Tuesday afternoon due to the hawkishness of Federal Reserve officials and the latest Brexit concerns. GBP/USD slightly held away from its weekly lows towards the end of the day’s European session thanks to comments from Bank of England...

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