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Pound Dollar forecast - GBP USD
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
| LIVE EXCHANGE RATE | Pound Dollar Rate » | |||||
| GBP/USD | -0.01 | Days Low | Days High | Last Daily | ||
| 1.56402 | ▼ | -0.49% | 1.55655 | 1.57206 | 1.57165 | 23:11:05 |
EUR USD Rate Hits 4-Month High, GBP EUR Drops
18 Jun 2013 at 2 PM - Written by Ben Hughes
STORY LINK EUR USD Rate Hits 4-Month High, GBP EUR Drops
Two European data releases have dominated price action in the currency markets so far today. The latest headline UK inflation figure lead the way in the early part of the session, providing a fair wind for the Pound. The May Consumer Price Index figure revealed that rate of British price increases jumped from 2.4% in April to 2.7% last month....
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Euro to Pound Exchange Rate (EUR/GBP) Drops As Greece Fears Escalate
18 Jun 2013 at 9 AM - Written by John Cameron
STORY LINK Euro to Pound Exchange Rate (EUR/GBP) Drops As Greece Fears Escalate
Sometimes politicians go too far. After signs in recent months that the economic situation in Greece was stabilising and with some positive economic growth in the troubled Hellenic state firmly within sight, the nation’s leader Antonis Samaras appears to have plunged his country into a new constitutional crisis. Samaras didn’t act to end...
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Foreign Currency Exchange Rate Predictions For GBP EUR USD & CHF
17 Jun 2013 at 2 PM - Written by Frank Davies
STORY LINK Foreign Currency Exchange Rate Predictions For GBP EUR USD & CHF
A quiet start to the week for the POUND STERLING is likely to end tomorrow morning when the latest set of UK CPI inflation figures are published. Analysts are anticipating a slight rise in the annualised figure; if this comes to pass, then given the slightly firmer tone of recent British data releases thoughts of an extension to QE by the...
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GBP EUR Forecast To Gain, GBP USD Exchange Rate Rises
17 Jun 2013 at 9 AM - Written by James Fuller
STORY LINK GBP EUR Forecast To Gain, GBP USD Exchange Rate Rises
Last Friday’s session saw the IMF weigh into the argument on whether now is the time for the Federal Reserve to begin reducing down the $85bn per month which it continues to pump into its Quantitative Easing programme.
The austere body issued a warning to US policymakers that the massive cuts to its Federal budget which President...
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Exchange Rates Outlook: Pound to Euro & Pound to Dollar Down Despite Strong UK Housing Data
14 Jun 2013 at 3 PM - Written by John Cameron
STORY LINK Exchange Rates Outlook: Pound to Euro & Pound to Dollar Down Despite Strong UK Housing Data
The Pound received a boon earlier today when a detailed survey of the British housing sector revealed that the average sale price of properties in England and Wales reached £233,061 during April. This was the highest recorded reading for the figure, meaning that Britain’s housing market appears to have recovered from the credit crisis...
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GBP EUR & GBP USD Exchange Rate Hinge On Future Central Bank Policy
14 Jun 2013 at 9 AM - Written by David Woodsmith
STORY LINK GBP EUR & GBP USD Exchange Rate Hinge On Future Central Bank Policy
The twin highlights of today’s session come in the form of this morning’s whole of eurozone CPI inflation data for last month and this afternoon’s US Michigan Sentiment Index. The figures from either side of the Atlantic have one common thread – they are both highly likely to have a bearing on investors’ thoughts on the likely...
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Foreign Currency Exchange Rate Outlook For EUR GBP And Forecast For USD NZD
13 Jun 2013 at 2 PM - Written by Minesh Chaudhari
STORY LINK Foreign Currency Exchange Rate Outlook For EUR GBP And Forecast For USD NZD
The European Central Bank monthly report, published earlier this morning, had a broadly neutral effect on the EURO. However, the closely-monitored release sent out a confident message regarding price pressures in the eurozone, stating that inflation in the region remains firmly under control. The statement leaves the door open for a further...
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GBP USD Rate Spirals, GBP EUR Tests Higher
12 Jun 2013 at 9 AM - Written by Ben Hughes
STORY LINK GBP USD Rate Spirals, GBP EUR Tests Higher
The Pound Sterling was one of the best-performing of the sixteen most-actively traded global currencies during yesterday’s session, largely thanks to an encouraging NIESR GDP growth estimate for the UK economy, published just before the European equities close. The closely-watched prediction of the level of economic activity in the British...
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S&P Raises Its US Credit Outlook, GBP USD Rate Still Climbs
11 Jun 2013 at 9 AM - Written by John Cameron
STORY LINK S&P Raises Its US Credit Outlook, GBP USD Rate Still Climbs
Perhaps the most notable development in the global currency markets during yesterday’s session acme in the form of an announcement from leading credit ratings agency Standard & Poor’s. The organisation, which is one of the three big global credit grading bureau, revealed just before the European equities close that it had raised its...
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Weekly Foreign Currency Exchange Rate Predictions For GBP EUR USD CAD
10 Jun 2013 at 9 AM - Written by John Cameron
STORY LINK Weekly Foreign Currency Exchange Rate Predictions For GBP EUR USD CAD
The POUND STERLING ended last week’s session on a steady footing. A light week for UK data releases this week ensures that tomorrow afternoon’s NIESR quarterly GDP growth estimate for the three months to the end of May takes on added significance. Investors holding Sterling-denominated assets will be looking for a figure of close to or...
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