Currency News

Daily Exchange Rate Forecasts & Currency News

Dollar Pound forecast page 10 - USD GBP

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

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GBP/CAD Forecast: Pound Lacks Support amid Energy Concerns

7 Oct 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Limited amid Energy Concerns The Pound Canadian Dollar (GBP/CAD) exchange rate is struggling to break higher today amid concerns over the threat of an energy crisis in the UK and CAD receiving support due to a more upbeat market mood. Despite crude prices slipping, the Canadian Dollar is managing to hold this...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Steady as UK Fuel Shortage Eases

5 Oct 2021 at 5 PM - Written by John Cameron

GBP/CAD Edges Higher as Rising Oil Price Boost Canadian Dollar The Pound Canadian Dollar exchange rate edged slightly lower today, bucking the trend of GBP exchange rate gains against other currencies due to CAD strength underpinned by rising crude oil prices. GBP/CAD had made gains earlier during the European session before...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Edges Higher Despite Growing Risk-Off Mood

9 Sep 2021 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises Despite Strong US Jobs Data The Pound US Dollar (GBP/USD) exchange rate rose by 0.2% despite growing demand for the safe-haven ‘Greenback’ as concerns grow over new variations of Covid-19, which could potentially evade vaccination. The pairing is currently trading around $1.38. As a result, souring risk...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/AUD Exchange Rate Steady as UK Markets Confidence Dips on ‘Firebreak’ Lockdown Rumours

8 Sep 2021 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound as ‘Firebreak’ Lockdown News Dampens UK Economic Confidence The Pound Australian Dollar (GBP/AUD) exchange rate is rangebound today with UK markets concerned about the possibility of a ‘firebreak’ October lockdown, should Covid-19 infections and hospitalisations remain high next month. The pairing is...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Dips as Australian Growth Boosts ‘Aussie’

2 Sep 2021 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as Australia Avoids Recession The Pound Australian Dollar (GBP/AUD) exchange rate dipped today following after the latest ABS figures revealed that the Australian economy had grown by 0.7% in June, avoiding a recession – for now. The pairing is currently trading around AU$1.86. Deloitte Access Economics...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rangebound as UK Consumers Hold Back on Borrowing

31 Aug 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Steady as UK Borrowing Falls in July The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today as UK consumers held back on borrowing as the nation’s economic recovery stumbled in July. The pairing is currently fluctuating around CA$1.73. The Bank of England (BoE) reported that households failed to rack...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips as UK Labour Shortage Weakens Sterling

26 Aug 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Falls, UK Car Manufacturing Falls to a 65-Year Low The Pound Canadian Dollar (GBP/CAD) exchange rate dipped today as fears over a UK labour shortage for consumer-facing firms has dented confidence in the nation’s economic recovery. The pairing is currently trading around CA$1.73. Charlotte Dendy, CBI Principal...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Dips as Risk Sentiment Improves

23 Aug 2021 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Sinks, ‘Aussie’ Buoyed by Returning Risk-On Mood The Pound Australian Dollar exchange rate fell by -0.3% this morning as a return of improved risk sentiment drives-up demand for the risk-averse ‘Aussie’. The pairing is currently fluctuating around AU$1.90. Last week saw a ‘risk off’ market mood hold back...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Edges Higher on Strong UK Jobs Data

17 Aug 2021 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Rises, UK Jobs Data Beats Forecasts The Pound Australian Dollar (GBP/AUD) exchange rate rose today following stronger-than-expected UK labour data for June, with joblessness falling from 4.8% to 4.7%, buoying optimism in the nation’s economic recovery. The pairing is currently trading around AU$1.89. UK Chancellor...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Covid-19 Fears Dent US Consumer Morale

16 Aug 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Steady, US Consumer Morale Deteriorates The Pound US Dollar (GBP/USD) exchange rate held steady today following the slide in US Michigan consumer confidence on Friday, which dropped considerably below expectations. The pairing is currently trading around $1.38. Analysts at Bloomberg explained: ‘US consumer...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts