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Dollar Pound forecast page 40 - USD GBP/FUNCTION.MYSQL

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

GBP USD Exchange Rate Rises on BoE Rate Hike Speculation

20 Mar 2017 at 12 PM - Written by Ben Hughes

STORY LINK GBP USD Exchange Rate Rises on BoE Rate Hike Speculation

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...

CATEGORIES: Dollar Pound Forecasts

GBP USD Exchange Rate Slides as UK House Prices Plummet

7 Mar 2017 at 2 PM - Written by Toni Johnson

STORY LINK GBP USD Exchange Rate Slides as UK House Prices Plummet

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...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

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

2 Mar 2017 at 11 AM - Written by Minesh Chaudhari

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

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...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

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

1 Mar 2017 at 1 PM - Written by Frank Davies

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

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...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Pound Sterling Forecasts

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

9 Feb 2017 at 1 PM - Written by Frank Davies

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

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...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

Pound Sterling New Zealand Dollar Exchange Rate Boosted by Higher NZ Unemployment Rate

1 Feb 2017 at 3 PM - Written by David Woodsmith

STORY LINK Pound Sterling New Zealand Dollar Exchange Rate Boosted by Higher NZ Unemployment Rate

January’s UK Construction PMI proved disappointing on Thursday morning, leaving the Pound to New Zealand Dollar exchange rate trending lower around 1.7326 as signs continued to point towards rising inflationary pressure. Even so, if the BoE Inflation Report proves to be more hawkish in tone this could see Sterling rally later in the...

CATEGORIES: Currency Predictions New Zealand Dollar Forecasts Pound St Forecasts

Weetabix Announce Price Rise, GBP AUD Exchange Rate Slides

30 Jan 2017 at 2 PM - Written by Frank Davies

STORY LINK Weetabix Announce Price Rise, GBP AUD Exchange Rate Slides

The Pound to Australian Dollar made a sturdy recovery from its weekly lows of 1.6446 on Tuesday afternoon. At the time of updating, GBP/AUD was up over 0.2%. Demand for the Australian Dollar plunged on Tuesday afternoon as investors sought out ‘safe haven’ currencies amid fresh Trump jitters. Sterling also strengthened as UK MPs...

CATEGORIES: Australian Dollar Forecasts Pound Sterling Forecasts

Pound to US Dollar Exchange Rate Trends Lower Despite Steady UK GDP on Brexit Volatility

26 Jan 2017 at 3 PM - Written by Ben Hughes

STORY LINK Pound to US Dollar Exchange Rate Trends Lower Despite Steady UK GDP on Brexit Volatility

The British Pound to US Dollar exchange rate plunged on Friday afternoon despite lower demand for the US Dollar, as UK markets took profit from the Pound’s weekly gains before the end of the week’s European session. Investors were especially anxious about how the first diplomatic meeting between UK Prime Minister Theresa May and US...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

Surprise Drop in German Confidence sees EUR GBP Exchange Rate Dip

25 Jan 2017 at 11 AM - Written by Ben Hughes

STORY LINK Surprise Drop in German Confidence sees EUR GBP Exchange Rate Dip

The Euro to Pound exchange rate performed poorly on Thursday afternoon, as investors became concerned about the long-term health of the Euro project. As markets feared that the Eurozone would not recover as quickly as hoped and the Euro may also see damage in the next 18 months, EUR/GBP failed to capitalise on the day’s weak...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts

Concerning UK Trade Data Sends GBP USD Reeling

11 Jan 2017 at 11 AM - Written by Ben Hughes

STORY LINK Concerning UK Trade Data Sends GBP USD Reeling

The Pound to US Dollar exchange rate fell from its best levels since Monday on Thursday afternoon as Sterling was weakened once more by the latest Brexit jitters. Investors became anxious and jittery on the Pound as it was finally confirmed when UK Prime Minister Theresa May would hold high highly anticipated Brexit speech. Though the...

CATEGORIES: Dollar Pound Forecasts

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