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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 06:56:23 Dollar Pound Rate »
USD/GBP +0 Days Low Days High Last Daily
0.78683 +0.13% 0.78562 0.78729 0.78577

New Zealand Dollar Retreats Ahead of Huge RBNZ Rate Decision This Week

26 Feb 2024 at 9 PM - Written by David Woodsmith

The New Zealand dollar lost ground on Monday with a significant element of position adjustment ahead of Wednesday’s Reserve Bank of New Zealand (RBNZ) policy decision. The New Zealand dollar to US dollar (NZD/USD) exchange rate retreated to 0.6175 after failing to bear 0.6200 while the Pound to New Zealand dollar (GBP/NZD) exchange rate...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

US Canadian Dollar Rate Outlook: "USD/CAD to find good demand below 1.34 mark" say ING

25 Jan 2024 at 8 AM - Written by John Cameron

Bank of Canada Drops Talk of Higher Interest Rates, GBP/CAD Exchange Rate Hits 7-Week Highs The Bank of Canada held interest rates at 5.00% following the latest council meeting, in line with consensus forecasts. The bank provided no clear guidance on rates, but the Canadian dollar lost ground as the bank statement dropped references...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

New Zealand Dollar Outlook: Eventual NZD/USD gains say ANZ Analysts

24 Jan 2024 at 8 AM - Written by John Cameron

China Hopes Rescue the New Zealand Dollar, GBP/NZD Exchange Rate Retreats from 2-Month Highs The New Zealand dollar initially remained under pressure on Tuesday amid another round of disappointing economic data and rate-cut speculation. Reports that the Chinese authorities were set to launch a support package for Chinese equities...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

GBP/CAD Outlook: Pound Sterling Tests One-Month Best Against Canadian Dollar

16 Jan 2024 at 8 AM - Written by Ben Hughes

The Canadian dollar (CAD) was undermined by a weaker Bank of Canada (BoC) survey on Monday with businesses reporting increased recession risks. The Pound to Dollar (GBP/CAD) exchange rate strengthened to 1-month highs at 1.7120 before settling just above 1.7100. The US Dollar to Canadian dollar (USD/CAD) Exchange rate advanced to near...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Canadian Dollar Underpinned by Jump in Oil Prices

19 Dec 2023 at 9 AM - Written by David Woodsmith

GBP/CAD Exchange Rate Dips to 5-Week Lows Higher oil prices helped underpin the Canadian dollar on Monday and markets remain confident over Federal Reserve rate cuts in the first half of 2024. The US Dollar to Canadian dollar (USD/CAD) exchange rate dipped to 4-month lows at 1.3350 before a recovery to 1.3400. The Pound to Canadian...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound to Dollar 2024 Outlook: ECB to Slash Rates First, Then FED, BoE

7 Dec 2023 at 9 AM - Written by John Cameron

US Dollar Resilient Despite Weak US Jobs Growth, GBP/USD Exchange Rate Held Close to 10-Day Lows The latest US data continued to point to a slowdown in the labour market and bond yields declined. The Pound, however, was unable to make headway, especially with weak UK data and Bank of England concerns over UK credit dynamics. The...

CATEGORIES: Currency Predictions Pound Dollar Forecasts Pound Sterling Forecasts

Pound Sterling Fails to Hold Euro, Dollar Gains After Autumn Statement

22 Nov 2023 at 5 PM - Written by Ben Hughes

GBP/USD Exchange Rate Slides on Dollar Revival and UK Growth Forecast Disappointment The pound-to-dollar (GBP/USD) exchange rate peaked at 1.2550 ahead of the Autumn Statement, but failed to hold the gains. Weak UK growth forecasts undermined the Pound while stronger than expected US data helped trigger a further dollar recovery...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound to Canadian Dollar Weekly Forecast: Bank of England Pushes Back Against Interest Rate Cuts

22 Nov 2023 at 8 AM - Written by John Cameron

Hawkish comments from Bank of England officials and expectations of tax cuts have boosted the Pound on Tuesday. The Canadian inflation data had a measured impact, but reinforced expectations that the Bank of Canada would leave rates on hold at the December meeting. The Pound to Canadian dollar (GBP/CAD) inflation rate secured a...

CATEGORIES: Pound Canadian Dollar Forecasts Pound Sterling Forecasts

Pound Sterling loses out to Australian and New Zealand Dollars as Global Risk Appetite Surges

16 Nov 2023 at 8 AM - Written by Toni Johnson

The Australian and New Zealand dollars both benefitted from a surge in risk appetite following the benign US inflation data and the Australian dollar also drew support from the latest wages data. Chinese data releases also triggered an element of optimism surrounding the economic outlook which also underpinned the Australian and New...

CATEGORIES: Pound Australian Dollar Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts

Pound to Canadian Dollar Outlook: 3-Week Best as Jobs Data Undermines CAD

6 Nov 2023 at 6 PM - Written by David Woodsmith

The Pound Canadian Dollar (GBP/CAD) exchange rate posted a 3-week high just above 1.6955 on Monday as overall risk appetite held firm. GBP/CAD surged on Friday as a jump in the Pound was amplified by a weaker Canadian currency following the latest domestic jobs data and extended gains on Monday. Both currencies gained support from...

CATEGORIES: Pound Canadian Dollar Forecasts Pound Sterling Forecasts