Dollar Pound forecast page 20 - USD GBP

GBP/AUD Exchange Rate BoE Rate Hold Boosts UK Market Confidence The Pound Australian Dollar (GBP/AUD) exchange rate rose soared by 1% today, with the pairing currently trading around $1.947 after the Bank of England (BoE) held its interest rate decision at 0.75%, with odds of a central bank cutting rates in the next few months falling. ...

GBP/AUD Exchange Rate Rangebound, RBA Rate Cut Odds Ease The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.5% today, with the pairing currently trading around AU$1.9102 after December’s Australian unemployment rate fell to a better-than-expected 5.1%, ending last year on a positive note. Gareth Aird, an Economist at CBA,...

GBP/AUD Exchange Rate Edges Higher as BoE Rate Cuts Odds Ease The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.6%, with the pairing currently trading around AU$1.917 after Sajid Javid, the UK Chancellor of the Exchequer, said that a full EU trade deal would be possible by the end of 2020. Mr Javid commented: ‘There is a...

GBP/AUD Exchange Rate Rangebound Risk Sentiment Sinks as US-China on Collision Course The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.889 as the risk-sensitive ‘Aussie’ continues to benefit from risk-appetite following last week’s signing of the US-China ‘phase...

GBP/USD Exchange Rate Eases as BoE Rate Cut Fears Rise on Poor UK Retail Sales The Pound US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.304 after December’s UK retail sales unexpectedly fell by -0.6% month-on-month, while the year-on-year figure fell below forecasts to 0.9%. Quantitative...

GBP/NZD Exchange Rate Falls as US-China Trade Deal Boosts New Zealand Dollar The Pound New Zealand Dollar (GBP/NZD) exchange rate fell by -0.3% today, with the pairing currently trading around NZ$1.963 after the risk-sensitive ‘Kiwi’ was buoyed following the signing of the long-awaited US-China trade deal. While the deal between...

GBP/AUD Exchange Rate Edges Higher, ‘Aussie’ Gains on US-China Trade Deal Hopes The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.6% today, with the pairing currently trading around AU$1.881 as the risk-averse ‘Aussie’ continues to benefit from renewed risk-appetite as markets prepare for a US-China ‘phase one’ trade...

GBP/AUD Exchange Rate Eases as Brexit Uncertainties Return The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.898 after Mark Carney, the Bank of England’s (BoE) Governor, hinted at possible stimulus measures to boost the UK’s flagging economy in the months ahead. Mr Carney...

GBP/NZD Exchange Rate Rangebound, ‘Kiwi’ Fails to Benefit from Improving Global Dairy Prices The Pound New Zealand Dollar (GBP/NZD) exchange rate held steady today, with the pairing currently trading around NZ$1.978 as geopolitical tensions between the US and Iran continue to hold back the risk-sensitive ‘Kiwi’. The New Zealand...

GBP/USD Exchange Rate Edges Higher as US Economy Starts Off on ‘Softer Footing’ The Pound US Dollar (GBP/USD) exchange rate fell by -0.6% today, with the pairing currently trading around $1.315 after the US factory output figure showed a slight expansion at 52.4 in December. Chris Williamson, Chief Business Economist at IHS Markit,...