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 05:01:22 Dollar Pound Rate »
USD/GBP -0 Days Low Days High Last Daily
0.77101 -0.11% 0.77070 0.77183 0.77183

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

GBP to USD Exchange Rate Near 7-Month Highs ahead of Key ‘Obamacare’ Repeal Vote

4 May 2017 at 1 PM - Written by Ben Hughes

Sterling-supportive news has been the UK services PMI for April. As with manufacturing and construction PMIs this week, the services result has risen instead of falling as forecast. Elsewhere, new car sales in April plummeted on the year by nearly -20%, though this was attributable to a recent change in vehicle excise duty (VED). The...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP USD Exchange Rate Slumps as Brexit Talks Appear to Stall Before Official Negotiations Begin

2 May 2017 at 10 AM - Written by John Cameron

The GBP USD exchange rate continued to slide overnight on Monday as Prime Minister Theresa May’s dinner with European commission’s president, Jean-Claude Juncker yesterday did not inspire confidence in the Brexit process. May faces reports that she is ‘living in another galaxy’ as Juncker reportedly left Downing Street ‘ten times...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP USD Exchange Rate Slides after Sharp UK Sales Contraction

21 Apr 2017 at 1 PM - Written by David Woodsmith

After March’s UK retail sales data proved worse than expected the Pound US Dollar exchange rate came under renewed pressure. Investors were wrong-footed to find that sales had contracted -1.8% on the month, indicating that consumers have started to dramatically cut back on spending. With inflationary pressure set to mount further over...

CATEGORIES: Dollar Pound Forecasts

USD GBP Exchange Rate Slides as UK Inflation Expected to Hold Steady

10 Apr 2017 at 4 PM - Written by Tim Boyer

The US Dollar to British Pound exchange rate dropped on Tuesday afternoon. When American markets opened, US traders expressed their uncertainty in US President Trump’s rhetoric on Syria and North Korea by selling the US Dollar. While the US Dollar is a typically ‘safe haven’ currency, UK government bonds, priced in GBP, were seen as...

CATEGORIES: Dollar Pound Forecasts

GBP USD Exchange Rate Plummets as UK Manufacturing Disappoints

3 Apr 2017 at 11 AM - Written by Frank Davies

The British Pound to US Dollar exchange rate continued to slide on Tuesday afternoon. Investors hesitated to buy the Pound amid concerns that Wednesday’s UK services PMI would also fail to meet expectations. The US Dollar saw little change in movement in the afternoon despite news that February’s US trade deficit had lightened further...

CATEGORIES: Dollar Pound Forecasts

GBP USD Exchange Rate Advances as Traders Shake off Brexit Worries

30 Mar 2017 at 1 PM - Written by Ben Hughes

The British Pound to US Dollar exchange rate trended largely flatly on Friday, cooling after its fluctuations earlier in the week. The US Dollar was largely unchanged by the day’s US data. After the strong US consumer confidence report earlier in the week, investors had hoped for another impressive confidence index from the University of...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts